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RPP 4-7-2

The DFSA may exercise its powers under Article 51 to withdraw a Licence where:

(a) as a consequence of withdrawal of authorisation in relation to one or more Financial Services under Article 50, the Authorised Person is no longer authorised to carry on a Financial Service;
(b) the Authorised Person is no longer fit and proper to hold a Licence;
(c) the Authorised Person has failed to remove a Controller or take such other action as required by the DFSA under Article 64; or
(d) the Authorised Person requests the withdrawal.
Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition