AMI 8.2.1

(1) In the case of an Authorised Market Institution which is incorporated under DIFC law, a Person must not:
(a) become a Controller of the Authorised Market Institution; or
(b) increase the level of control which that Person has in the Authorised Market Institution beyond a threshold specified in (2), unless that Person has obtained the prior written approval of the DFSA to do so.
(2) For the purposes of (1)(b), the thresholds at which the prior written approval of the DFSA is required are when the relevant holding is increased:
(a) from below 30% to 30% or more; or
(b) from below 50% to 50% or more.
Derived from RM118/2013 [VER15/07-13]