Entire Section

  • Notification for decrease in the level of control of Domestic Firms

    • GEN 11.8.9

      A Controller of an Authorised Firm which is a Domestic Firm must submit, using the appropriate form in AFN, a written notification to the DFSA where that Person:

      (a) proposes to cease being a Controller; or
      (b) proposes to decrease that Person's holding from more than 50% to 50% or less.
      Derived from Notice of Amendments to Legislation April 2011 [VER27/02-11]
      [Amended] DFSA RM105/2012 (Made 23rd December 2012). [VER32/12-12]