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RPP 4-9-1

Pursuant to Article 58(2) of the Regulatory Law 2004, the DFSA has the power to restrict a Person from performing Licensed Functions, or to suspend or withdraw a Person's Authorised Individual status, if it reasonably concludes that:

(a) the Person is in breach or has been in breach of an obligation that applies as a result of such Person's Authorised Individual status; or
(b) a Person is no longer fit and proper to perform the Licensed Function role for which he requires status as an Authorised Individual.6

6 Article 58(2) of the Regulatory Law 2004

Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition