Entire Section

  • FER 2.11 FER 2.11 Application for a waiver or modification

    • FER 2.11.1 FER 2.11.1

      (1) An applicant for a waiver or modification of any Rule in the Rulebook or any Article of the Markets Law must pay to the DFSA an application fee of $5,000 if, in the DFSA's opinion, the application involves an issue that is novel or complex or will for any other reason require the DFSA to spend a significant amount of time on the application.
      (2) The fee in (1) does not apply if the application for a waiver or modification is made in conjunction with an application for a Licence.
      Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]

      • FER 2.11.1 Guidance

        The DFSA will in some cases determine that a waiver or modification should be standardised, that is, made available to any applicant meeting certain criteria. No fee will be required for an application for a standard waiver or modification. In other cases, the DFSA will assess on a case-by-case basis whether the criteria for a fee set out in Rule 2.11.1 apply.

        Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]