MIK Legal Consulting

DFSA AUTHORISATION

The Dubai Financial Services Authority is the sole independent regulator of all financial and ancillary services conducted through the Dubai International Financial Centre (DIFC), a purpose-built free zone in Dubai.


The DFSA’s regulatory mandate covers asset management, banking and credit services, securities, collective investment funds, custody and trust services, commodities futures trading, Islamic finance, insurance, an international equities exchange and an international commodities derivatives exchange.


The DFSA has exacting standards for all Applicants requiring Authorisation. DFSA Authorisation is one of the most stringent in the World and thus is fast becoming one of the leading jurisdictions.


The DFSA application requires immense planning and expertise to execute. MIK Legal Consulting has created steps and programmes to break down the process and are able to remove the burden away providing a smooth transition into the DFSA.


DFSA Authorisation Services typically consist of the following:

- Initial Consultations on DFSA requirements
- Advising and selecting the appropriate DFSA Category for Authorisation
- Advice on individual DFSA approval
- Consultation and Creation of DFSA systems and controls
- Implementing DFSA systems and controls
- Risk assessment for DFSA Authorisation
- Completion of the DFSA application forms
- Completion of all other DFSA requried forms for Authorisation
- Pre-authorisation Advice for senior management
- Preparing all documentation for DFSA Authorisation
- Full Project Managment of the DFSA Application
- Advice and full preparation of DFSA Regulatory Business Plan
- Advice on internal organisation structures and corporate governance in accordance with DFSA requirments


MIK Legal Consulting will supervise and execute the complete DFSA Authorisation process ensuring that our clients can enjoy peace of mind and a smooth transition into the DIFC.

For more information on the DFSA Application and Authorisation process please contact our specialist advisors at info@miklegal.com who can provide complete further assistance.