RPP 2-5-3

An entity seeking authorisation to be a Bank, and to carry on its activities in or from the DIFC, will be either:

(a) a branch of an existing bank; or
(b) a subsidiary of an existing bank (wholly or partially owned); or
(c) a start-up entity
Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]
Amended by Notice of Updates (Made 11th February 2015). February 2015 Edition
Amended by Notice of Updates (Made 23rd January 2017). February 2017 Edition