FER 3.2.2 Guidance

The effect of FER Rule 3.2.2 is that if an Authorised Firm has not, in accordance with the Rules, submitted its first Annual Regulatory Return, then the amount of expenditure is set at zero for the purpose of FER Rule 3.2.1 (2) (c).

Derived from DFSA RM52/2007 (Made 1st December 2007). [VER1/12-07]
[Amended] DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]