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Setting Up a DIFC Representative Office: Regulatory Framework and Practical Steps

A DIFC Representative Office is a specialized type of Authorised Firm regulated by the Dubai Financial Services Authority (DFSA).

DIFC Category 5 License – Islamic Financial Institution

A DIFC Category 5 license is specifically for Islamic Financial Institutions that operate in full compliance with Sharia principles.

DIFC Category 4 License – Arranging Credit or Deals in Investments / Advising on Financial Products

Authorised Firms holding a DIFC Category 4 license can perform one or more of the following activities:

DIFC Category 3D License – Providing or Operating a Payment Account, Executing Payment Transactions, or Issuing Payment Instruments

A DIFC Category 3D license authorizes an Authorised Firm to offer financial services related to payment systems.

DIFC Category 3C License – Managing a Collective Investment Fund / Managing Assets

The DIFC Category 3C License authorizes an Authorised Firm to provide several financial services, including managing a collective investment fund, managing assets,

DIFC Category 3B License – Providing Custody (for a Fund) / Acting as Trustee of a Fund

A DIFC Category 3B License authorizes an Authorised Firm to provide custody services specifically for a fund and to act as a trustee for a fund.

Comprehensive Guide to ADGM Category 3A Licensing: Expert Support from MVG Dubai Office

The ADGM Category 3A License permits firms to engage in Dealing in Investments as Principal (only as a Matched Principal) and Dealing in Investments as Agent.

Detailed Overview of ADGM Category 3B License: Custody and Trustee Services

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ADGM Category 3C License: Managing Collective Investment Funds and Assets

Category 3C License can also provide Financial Services under Category 4 but are restricted from offering services in Categories 1, 2, 3A, or 3B.

ADGM Category 4 License: Arranging Credit or Deals in Investments / Advising on Financial Products

The ADGM Category 4 License allows an Authorised Firm to perform a range of financial services.......

ADGM Category 5 License: Islamic Financial Institution

An Islamic Financial Institution operates in strict adherence to Sharia principles and manages profit-sharing investment accounts received on an unrestricted basis.

ADGM Representative Office Overview and MVG Dubai Office Expertise

Speaking at the Fortune Most Powerful Women Summit in Washington, D.C., corporate leaders, including Jill Ader, Cha...

Navigating Financial Licensing in the DIFC: Morgan Vantage Group’s Expertise at Your Service

Morgan Vantage Group (MVG) Dubai is your trusted partner in navigating the complexities of DIFC financial licensing.

DIFC Category 1 License Overview: Accepting Deposits and Managing Unrestricted Profit Sharing Accounts

When Michelle Kim, former head for the Asia-Pacific region at Tiffany & Co., worked in the iconic jeweler’s in...

DIFC Category 2 License – Principal Investor / Providing Credit

This license is designated for an Authorised Firm permitted to engage in Financial Services, specifically Dealing in Investments as Principal and Providing Credit.

DIFC Category 3A License – Dealing in Investments as Principal / Dealing in Investments as Agent

The DIFC Category 3A License authorizes an Authorised Firm to conduct one or more of the following Financial Services: Dealing in Investments as Principal

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