AR

Individuals

Authorised Individuals are the officers or employees who carry out defined Licensed Functions within an Authorised Firm.

These functions are materially linked to an Authorised Firm’s management, and/or the provision of its financial services. As a result, Authorised Individuals must meet particular standards relating to their experience, knowledge and qualifications.

A firm must make separate applications for each individual it wishes to become authorised.

Applicants will only be authorised if the DFSA is satisfied that they are fit and proper, and that the functions of their role will be conducted and managed in a sound and prudent manner.