• Application: Complete the requirements above and submit the ‘SUP 4 - Applying to vary a Licence’ and/or ‘SUP 5 – Request to add or remove an endorsement’ application forms from the DFSA website. The DFSA will then issue a fee invoice. Once the fees are paid, the application will be accepted for evaluation.
• Evaluation: The DFSA will conduct a thorough assessment of the application. If there is insufficient information, the DFSA will request additional information.
• Approval: The DFSA will conduct a final assessment before granting the change

When applying to vary a Licence (SUP 4), the DFSA may request the following documents to be submitted with the application form:

• Updated regulatory business plan
• Financial projections over the next 12 months
• Revised Staff organisation chart of the Firm
• Appropriate supplements and/or AUT-IND Forms for the variation

When requesting, adding or removing an endorsement (SUP 5), the DFSA may request the following documents to be self-certified by the Firm:

• Compliance manual
• Compliance monitoring programme
• Client agreement

Fees will vary based on the nature and scale of financial activities. More details can be found in the Fees module (FER) of the DFSA Rulebook. Service fees are paid through bank transfer to the DFSA.