COB 2.3.6A

For the purposes of the reference in Rule 2.3.3(1)(a)(ii) to this Rule, a Person is a 'service-based' Professional Client if:

(a) the Financial Service being provided to the Person is Loan Crowdfunding or Investment Crowdfunding; and
(b) the Person is a Body Corporate and is using the service to borrow funds from lenders or to obtain funds from investors.
[Added] DFSA RMI202/2017 (Made 14th June 2017). [VER29/08-17]