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AFN AUT–IND 5 Application for authorisation Key Individual status

Set out here are the preliminary notes relating to the form, click here click here to download the specific AFN form above, press "Read only" and then enter details where the form permits you to.

Purpose of this form

This form must be completed and submitted by both the Authorised Market Institution or an applicant for such a licence ("applicant firm") which wishes to appoint an individual to perform one or more Key Individual functions in AMI Rule 5.3.1(2), and the relevant individual ("applicant individual").

Before submitting an application to the DFSA, the applicant firm must make all reasonable enquiries as to the individual's fitness and propriety to carry out the relevant Key Individual functions.

In some cases the DFSA may require additional information in order to complete the processing of this application. If this is necessary, the DFSA will contact the person identified as the applicant firm's relevant contact to obtain such additional information.

An Authorised Market Institution applying to extend or vary the scope of an existing Key Individual's status should use form AUT-IND6 instead of this form.

An Authorised Market Institution applying to withdraw an existing Key Individual's status should use form AUT-IND7 instead of this form.

Contents

Section Title
1 General information
2 Key Individual functions
3 Education and professional qualifications
4 Employment history
5 Other personal registrations
6 Professional memberships
7 Other holdings
8 Referees
9 Fit and proper questionnaire
10 Attachments
11 Declarations

Notes for completing this form

•  Defined terms are identified throughout this application form by the capitalisation of the initial letter of a word or phrase and are defined in the Glossary module (GLO) of the DFSA's Rulebook.
•  Prior to completion of this form both the applicant firm and applicant individual should read the relevant sections of the AMI module, particularly section 5.3, which sets out the requirements relating to Regulatory Functions and Key Individuals.
•  All sections of the form must be completed. Questions must be answered fully and the use of abbreviations or acronyms should be avoided or defined.
•  Do not leave any questions blank. If a question is not applicable this should be indicated in the response section. Failure to answer questions or provide full responses will delay the progress of the application.
•  Answers must be typed in electronic format and the form must be signed by a a member of the Governing Body of the applicant firm or, in the event that the applicant has yet to be incorporated, the Director who will be authorised in due course to sign on behalf of the applicant firm. This form must also be signed by the applicant individual. Versions of this form on the DFSA's website are in PDF format. Editable Microsoft Word versions can be obtained from the DFSA.