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FER 7.1.2

(1) If a Person to whom this section applies is required to provide a return or a report to the DFSA under a Rule, and fails to provide the return or report on or before the due date or within the period specified in the Rule, that Person must pay to the DFSA a late submission fee of $1,000.
(2) A Person is not required to pay more than $4,000 under (1) for returns or reports that it fails to provide on time in any single calendar year.
Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]