Partnerships with existing Authorised Firms
29. In some cases, a
Person wishing to test a Fintech proposal may seek to do so in partnership with an Authorised Firm. If that is the case, and the activity is to be carried out under the Licence of the Authorised Firm, paragraphs 26 to 28 will be relevant. Alternatively, if the Person wishes to carry on the business in its own right, it will need to apply for a Licence.
Derived from DFSA GMI11/2017 (Made 24th May 2017) [VER39/05-17]