• Apply: Complete the prerequisites, as above, and submit the application form on the E-services portal. The DFSA will issue a fee invoice. Upon payment of the fees, the application will be accepted for evaluation.
• Evaluate: The DFSA will conduct a thorough assessment of the application. If insufficient information is provided, the DFSA will request additional information. Upon satisfactory assessment, you will receive an in-principle letter.
• Fulfil: Complete the conditions of the in-principal letter.
• Registration: The DFSA will conduct a final assessment and if the outcome of the assessment is successful, register the Applicant and update the Register.

The following documents need to be submitted with the application form:

• Certificate of Incorporation/Company Registration/Partnership Agreement.
• Copies of Recognised Professional Qualifications for all the controllers.
• Professional Indemnity Insurance Certificate or Cover Note.
• Copy of findings.
• Copy of systems, procedures and controls in relation to International. Auditing Standards.
• Copy of quality control policies and procedures.
• Copy of systems, procedures and controls in relation to Code of Ethics.
• Anti-Money Laundering procedures.
• Copy(ies) of passport(s).
• MLRO job description.
• MLRO employment details for the last 10 years.

Details of fees can be found in the Fees module FER of the DFSA Rulebook. Service Fees are paid through bank transfer to the DFSA.