(1) This Rule applies to an
Authorised Firm that has, in the 12 months before the commencement date, submitted to the DFSA under GEN Rule 8.6.2:
(a) an Auditor's Report referred to in GEN Rule 8.6.1(c) (a Client MoneyAuditor's Report); or
(b) an Auditor's Report referred to in GEN Rule 8.6.1(e) (a Safe Custody Auditor's Report).
Authorised Firm to which this Rule applies may, within the transitional period, send a written notification to the DFSA confirming that it:
(a) wishes to obtain an endorsement to hold or control
(b) has submitted to the
DFSA an Auditor's Report referred to in (1) in the 12 months before the commencement date; and
DFSA may require the notification in (2) to be in such form and verified in such manner as it thinks fit.
(4) If an Authorised Firm provides a duly completed notification to the
DFSA in accordance with (2) and (3) within the transitional period:
DFSA must grant it an endorsement to hold or control Client Assets; and
Derived from DFSA RM166/2016 (Made 10th February 2016). [VER36/04-16]