PIB A1.1 Guidance

Past version: effective from 01/08/2017 - 13/01/2020
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1. This section contains the table referred to in the Guidance notes at the commencement of PIB section 1.3 of PIB. This table is for guidance purposes only.
2. The Financial Services described in the emboldened boxes in the table are the determinants for the prudential Category. The activities set out in the boxes in the table are Financial Services (see GEN chapter 2). The Financial Services that an Authorised Firm is authorised to carry on are specified on its Licence.
3. If a Person carries on any one or more of the Financial Services specified in an emboldened box under a particular Category, then the highest such Category is that Person'sCategory for the purposes of this module.
4. An exception to the above is an Islamic Financial Institution which Manages a PSIA which is an PSIAu. Such an institution falls in Category 5.
Category 1 Category 2 Category 3A Category 3B Category 3C Category 4 Category 5
Accepting Deposits Dealing in Investments as Principal (not as Matched Principal) Dealing in Investments as Principal (only as a Matched Principal) Providing Custody (only if for a Fund) Managing a Collective Investment Fund Arranging Deals in Investments An Islamic Financial Institution which Manages a PSIAu
Managing a PSIAu Providing Credit Dealing as Agent Acting as the Trustee of a Fund Managing Assets Advising on Financial Products
  Providing Trust Services as a trustee of an express trust Arranging Custody
Managing a PSIAr Insurance Intermediation
Providing Custody (other than for a Fund) Insurance Management
  Operating an Alternative Trading System
Providing Fund Administration
Providing Trust Services other than as a trustee of an express trust
Arranging Credit and Advising on Credit
Operating a Crowdfunding Platform
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM188/2016 (Made 7th December 2016). [VER26/02-17]
[Amended] DSFA RM203/2017 (Made 14th June 2017). [VER28/08-17]