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RPP 4-1-4

The range of powers available to the DFSA is primarily set out in the Regulatory Law 2004. Some of the key powers in this chapter include the power to:

(a) request information and documents and access premises (see Article 73);
(b) require an Authorised Peron to provide a report from an independent expert (see Article 74);
(c) impose restrictions on an Authorised Person's business (see Article 75) or dealings with relevant property (see Article 76);
(d) impose conditions and restrictions on an Authorised Person's Licence (see Article 49);
(e) impose conditions and restrictions on an Authorised Individual's status (see Article 57);
(f) withdraw an authorisation or Licence of an Authorised Person (see Articles 50 and 51);
(g) restrict a person from performing any functions in connection with provision of Financial Services or Ancillary Services (see Article 58(1)), or restrict, suspend or withdraw an Authorised Individual's status (see Article 58(2); and
(h) suspend, vary or withdraw the registration of an Ancillary Service Provider (see Article 60) or Auditor (see Articles 98 and 105).
Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition