25. The normal fees that are payable by a Licensee are set out in FER. The precise fee calculation will depend on the nature of the activities being carried on. The DFSA will consider reducing or waiving fees for Fintech applicants given the 'start-up' nature of many businesses. However, once the Fintech operator has completed testing, it will be expected to pay the standard fees set out in FER.
Derived from DFSA GMI11/2017 (Made 24th May 2017) [VER39/05-17]