Article 41(1) of the Regulatory Law 2004 prohibits Financial Services from being carried out in or from the DIFC. Acquiring status as a Recognised Member or Recognised Body from the DFSA exempts a firm from this prohibition and enables it to conduct certain financial services on an Authorised Market Institution, for example NASDAQ Dubai or DME.
For more information on the requirements and process for obtaining recognition, refer to Becoming Recognised.