REC 5.1.2

(1) For the purposes of Article 1(5) of the Law, a Person who was recognised pursuant to Article 61 of the Regulatory Law 2004 as a Recognised Person and who has a valid Recognition Notice on the Effective Date is deemed to be recognised pursuant to the Law.
(2) A Person in (1) will be admitted to the list maintained by the DFSA pursuant to Article 37(5) of the Law on the Effective Date.
Derived from DFSA RM90/2012 (Made 14th June 2012). [VER7/06-12]