Dfsa category 3a
WebCategory 2 – Market maker, provider of credit Base Capital – US$ 2 millionInvesting as a principal and extending credit are examples of activities. Category 3A – Brokerage Base Capital – US$ 500,000Dealing in Investments as a Matched Principal, Dealing in Investments as an Agent are examples of activities. Category 3B – Custodian WebOct 11, 2024 · There are the following categories of license: Category 1 – Banks. Category 2 – Market maker, provider of credit. Category 3A – Brokerage. Category 3B – Custodian and Employee Money ...
Dfsa category 3a
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WebCategory Base Capital Requirement Category 1 US $10 million Category 2 US $2 million Category 3A US $500,000 Category 3B US $4 million Category 3C US $500,000 Except if the only Financial Service referred to in Rule 1.3.5(a) that the Authorised Firm is authorised to carry on is Managing a Collective Investment Fund in which WebGenerally, there are two components of DFSA fees. One – an application processing fee, and the other, an annual licensing fee. Application fee: US$ 15,000 for a DIFC Category 4 license application. License fee: US$ 15,000 for DIFC Category 4 license (prorated from the date of issuance of Financial Service Permissions).
WebSep 24, 2024 · The Category 3A license under the regulation of the Dubai Financial Services Authority (DFSA), authorises an investment firm to carry out the financial … WebCategory 3A covers Dealing in Investments as Principal (only as Matched Principal) and Dealing as Agent. Category 3B covers Providing Custody ( for a Fund) and acting as …
WebRe/think ME Ltd. مايو 2024 - الحالي2 من الأعوام. United Arab Emirates. − Acting as a outsourced CFO CAT 1, 2, 3A and 3C clients regulated by DFSA / FSRA. Also have extensive experience fund administration, fund accounting, custodial , clearing and settlement services. − Finalizing the monthly management reports, bank ... WebMar 31, 2024 · More information on obtaining a DFSA Category 3A and Category 4 license can be found here, along with a comparison between the applicable fees and the features of the two licenses. Generally, to become an Authorised Firm, an applicant must demonstrate satisfactory evidence to the DFSA that the following requirements are fulfilled:
WebCategory 3A covers Dealing in Investments as Principal (only as Matched Principal) and Dealing as Agent. Category 3B covers Providing Custody ( for a Fund) and acting as …
WebDeloitte US Audit, Consulting, Advisory, and Tax Services flip phone with play storeWebJan 7, 2015 · A firm dealing in investments as matched principal or as agent would be classified as a prudential category 3A firm under the DFSA rules. flip phone with locationWebCosts depend on the activities applied for, which puts the applicant in one of five categories. Generally, there are two components of DFSA fees. One – an application processing fee, and the other, an annual licensing fee. Application fee: from US$ 5,000 for a Fund Manager license application. License fee: from US$ 5,000 for a Fund Manager ... flip phone with sd card slotWebCategory 1 Category 2 Category 3A Category 3B; Accepting Deposits: Dealing in Investments as Principal (Not as Matched Principal) ... DFSA, which regulates, supervises and monitors all banking and financial institutions; DIFC Authority, which develops and administers laws and regulations for non-financial businesses; flip phone with serviceWebJun 27, 2024 · DUBAI INTERNATIONAL FINANCIAL CENTER [DIFC] is a broadly based recognized and renowned international financial center serving local, regional, and … flip phone with large keysWebDomestic Firm Category 2, 3A, 3B, 3C and 4 Quarterly and annually Not applicable B60A Credit Risk – Overview Domestic Firm Category 1, 2, 3A and 5 Quarterly and annually … flip phone with speakerphone buttonWebGTN Middle East Financial Services (DIFC) Limited, is an investment firm licensed as Category 3A and regulated by the DFSA. GTN Middle East Financial Services (DIFC) Limited is a fully owned subsidiary of Global Market Access Network (DIFC) Limited and was formerly known as Mubasher Financial Services (DIFC) Limited. greatest racing horse of all time