Dfsa category 3a

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WebFeb 24, 2024 · The DFSA, for the purposes of authorisation and supervision, categorises brokerage activities under Category 3A. These include forex, commodity and derivatives brokerages. This license allows for ‘Dealing In Investments as Agent’ and ‘Dealing in Investments as Principal’ , or on a matched Principal basis. Due to the higher risks ... WebAn STP broker, dealing on a matched principle basis will require a DIFC Category 3A Licence, whereas a market maker or provider of credit provider will require a DIFC Category 2 Licence.

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WebA: A firm that is prudentially treated as being in PIB Category 4 is prohibited from holding Client Assets which are Client Money (see COB 6.12.2(1)). Q6: When do we need to have the endorsement? A: Any firm that holds or controls Client Assets, or that deals in Insurance 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 … shanghai bourse

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WebDeloitte US Audit, Consulting, Advisory, and Tax Services 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 WebDFSA, if the firm has an assigned relationship manager, or otherwise using the supervised firm contact form. Q13: Will an Authorised Firm be provided an endorsement to hold or … shanghai breezes lyrics

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Guide to the DIFC Category 3A Brokerage License - 10 Leaves - Issuu

WebSpearheading high-end financial operations to effectively manage projects budget and control costs with core competencies in delivering robust management information systems and processes. Currently employed at Category 3A DIFC firm as Deputy Finance Manager with the responsibility of filing quarterly/yearly PIB/PRU Returns in adherence to DFSA ... WebGTN 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. shanghai brasserie hickstead menuWebBCS Capital (DIFC) Limited is a ‘Category 3A’ (regulated by the DFSA) Authorised Firm (with Retail Endorsement). It is part of a global business with regulated firms in multiple jurisdictions. Our regulated entities are – BCS Americas (regulated by SEC & FINRA), BCS Prime Brokerage (regulated by FCA), BCS Cyprus (Regulated by CySEC ... shanghai breezes john denver lyrics

"WebCosts 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 ... " - Dfsa category 3a

Dfsa category 3a

Obtaining ADGM Category 3C License FSRA Category 3C

WebCategory 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; 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 ...

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WebJun 23, 2024 · DIFC CATEGORY 3A LICENSE – DEALING IN INVESTMENTS AS PRINCIPAL / DEALING IN INVESTMENTS AS AGENT. In this category, an Authorised … WebDIFC Category 3A License – Dealing in Investments as Principal / Dealing in Investments as Agent . In this category, an Authorised Firm is licensed to carry on one …

WebDomestic 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 … WebBCS Capital (DIFC) Limited is a ‘Category 3A’ (regulated by the DFSA) Authorised Firm (with Retail Endorsement). It is part of a global business with regulated firms in multiple …

WebFSRA requires firms to submit information on a regular basis, including regulatory and financial reports, so we can better understand their activities and financial position on a periodic basis. ADGM's Electronic Prudential Reporting System is a portal dedicated to simplifying the submission of regulatory filings. 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 …

WebThe application fee will vary according to the Financial Services to be provided and ranges from $15,000 to $70,000. Comprehensive details of fees can be found in the Fees module (FER) of the DFSA Rulebook.

WebThe DFSA maintains a list of recognised auditors, and there are 15 such firms at present. DIFC Capital requirements. The base capital requirement for a Category 3A Brokerage license US$ 500,000. Actual capital required will depend on the nature, quantum of … shanghai breakfast projectWebMar 9, 2024 · DIFC Capital requirements. The base capital requirement for a Category 3D Money Services Business license US$ 200,000, and for stored value issuers is US$ 500,000. Actual capital required will ... shanghai bouquetWebJul 14, 2024 · An Authorised Firm that has a 3C licence can also provide Financial Services in Category 4 but cannot provide Financial Services in Categories 1, 2, 3A or 3B. Base Capital – US$ 500,000 Base capital requirement 3C Fund Manager – US$ 140,000 (to manage a Public Fund US$ 70,000 to manage exempt funds/QIFs). shanghai botanical garden greenhouseWebCategory 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 … shanghai breezes songWebJan 5, 2024 · Generally, there are two components of DFSA fees. One – an application processing fee, and the other, an annual licensing fee. 1. Application fee: US$ 25,000 for … shanghai breweryWebOct 11, 2024 · Dubai Financial Services Authority (DFSA) Costs depend on the activities applied for, which puts the applicant in one of five categories. Generally, there are two … shanghai bridgnorthWebMar 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: shanghai brewery hangzhou