Entire Section

  • GEN 2.2.2 GEN 2.2.2

    The following activities are specified for the purposes of GEN Rule 2.2.1:

    (a) Accepting Deposits;
    (b) Providing Credit;
    (c) Providing Money Services;
    (d) Dealing in Investments as Principal;
    (e) Dealing in Investments as Agent;
    (f) Arranging Deals in Investments;
    (g) Managing Assets;
    (h) Advising on Financial Products;
    (i) Managing a Collective Investment Fund;
    (j) Providing Custody;
    (k) Arranging Custody;
    (l) Effecting Contracts of Insurance;
    (m) Carrying Out Contracts of Insurance;
    (n) Operating an Exchange;
    (o) Operating a Clearing House;
    (p) Insurance Intermediation;
    (q) Insurance Management;
    (r) Managing a Profit Sharing Investment Account;
    (s) Operating an Alternative Trading System;
    (t) Providing Trust Services;
    (u) Providing Fund Administration;
    (v) Acting as the Trustee of a Fund;
    (w) Operating a Representative Office;
    (x) Operating a Credit Rating Agency;
    (y) Arranging Credit and Advising on Credit;
    (z) Operating a Crowdfunding Platform;
    (aa) Operating an Employee Money Purchase Scheme;
    (bb) Acting as the Administrator of an Employee Money Purchase Scheme; and
    (cc) Arranging or Advising on Money Services.
    Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
    [Amended] [VER4/08-05]
    [Amended] [VER6/12-05]
    [Amended] [VER7/01-06]
    [Amended] [VER8/04-06]
    [Amended] DFSA RM34/2006[VER11/08-06]
    [Amended] DFSA RM68/2009 (Made 3rd January 2010). [VER24/01-10]
    [Amended] DFSA RM72/2010 (Made 11th July 2010) [VER26/07-10]
    [Amended] DFSA RM96/2012 (Made 24th July 2012) [VER30/07-12]
    [Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]
    [Amended] DFSA RMI201/2017 (Made 14th June 2017). [VER40/08-17]
    [Amended] DFSA RMI260/2019 (Made 18th December 2019). [VER47/01-20]
    [Amended] DFSA RMI266/2020 (Made 26th February 2020). [VER48/04-20]

    • GEN 2.2.2 Guidance

      Note that the ambit of these activities in GEN Rule 2.2.2 may be restricted under COB, AMI or REP and may be fettered by the continuing operation of the Federal Law.

      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM68/2009 (Made 3rd January 2010). [VER24/01-10]
      Amended in accordance with Notice of Amendments to Legislation April 2011 [VER27/02-11]