Annex F Ancillary Service Providers Module (ASP)
2.2 By way of business
A Person carries on an activity specified in Rule 2.1.1(2) by way of business only if he carries on that activity from a permanent place of business maintained by him in the DIFC and:
A Person does not carry on an activity specified in Rule 2.1.1(2) by way of
business where he enters into transactions solely as
trustee or nominee for
another Person and is acting on that Person’s instructions.