1. Spend time preparing your application. Read the ASP module of the DFSA Rulebook, the Regulatory Policy and Process Sourcebook, as well as the guidance notes to the application forms before you start your application.
2. Make sure the activities of your firm fall within the definition of an ASP. Make sure you can demonstrate that an Authorised Firm or Authorised Market Institution is likely to use your services.
3. Check you are submitting the most up-to-date version of our application form(s) and be sure to clearly indicate the services you intend to carry on.
4. Be as comprehensive as possible in providing the information we require. Make sure your forms are signed and that you have provided the required attachments.
5. Ensure that your anti-money laundering policy and procedures reflect the requirements of the ASP Module of the DFSA Rulebook.
6. Review your application before submission, particularly when using consultants or legal advisers. You are the one who knows your business best and you are also responsible for any information contained in the application.
7. Provide one hard copy and one soft copy of your application. The soft copy should be stored on a CD or memory stick. Please do not send e-mail copies.
8. Ensure you have paid the correct application fee. Details of the fee schedule are set out in the Fees module of the DFSA Rulebook. We will only commence work on your application when payment and the original application form(s) have been received.
9. Nominate a contact person within your firm to be responsible for managing the application process and to assist the DFSA with any enquiries.
10. Initiate the Registrar of Companies process at the same time as lodging your application with the DFSA. This will save you time at the end of the process.