WebJan 7, 2015 · The DFSA applies the same ratio for its prudential category 3A, 3B and 3C firms; however, it applies a higher ratio for firms holding client money (18/52) and a lower ratio for its prudential ... 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.
Obtaining DIFC Category 3A License DFSA Category 3A
WebObtaining a DFSA Category 3A or DFSA Category 4 License with SALVUS We approach our licensing engagements in a project management manner. For our clients, this means … 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 jurisdictions. Our regulated entities are – BCS Americas (regulated by SEC & FINRA), BCS Prime Brokerage (regulated by FCA), BCS Cyprus (Regulated by CySEC ... home design software architect
Obtaining DIFC Category 3A License DFSA Category 3A ... - WinCore
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 Webauthorised to “Manage an Unrestricted PSIA” will continue to be classified under category 5, as in the old PIB module. Firms classified in category 3 in the old PIB module will be reclassified in the new PIB module as follows: If your Firm has the following financial service on its licence, then it would be classified as - 3A 3B 3C 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: home design software best buy