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]