PIB 3.6.2

The table below sets out the Base Capital Requirement for each Category of an Authorised Firm.

Category Base Capital Requirement
Category 1 US $10 million
Category 2 US $2 million
Category 3A

US $500,000

Category 3B

US $4 million

Category 3C

US $500,000

Except if the only Financial Service referred to in PIB Rule 1.3.5(a) that the Authorised Firm is authorised to carry on is Managing a Collective Investment Fund in which case its Base Capital Requirement is:
(a) US $140,000 if it manages any Public Fund; or
(b) US $70,000 otherwise.
Category 3D

US $200,000

Category 4

US $ 10,000

Except if the Authorised Firm:
(a) is authorised to Operate a Crowdfunding Platform and it holds Client Assets; or
(b) provides Money Transmission,
in which case its Base Capital Requirement is US $140,000.
Category 5 US $10 million
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM188/2016 (Made 7th December 2016). [VER26/02-17]
[Amended] DSFA RM203/2017 (Made 14th June 2017). [VER28/08-17]
[Amended] DFSA RMI263/2019 Made 18th December 2019). [VER35/01-20]
[Amended] DFSA RMI270/2020 (Made 26th February 2020). [VER36/04-20]