Main
>
Legal Framework
>
7.3. Fines for breaches of the AIFC Rules administered by the AFSA
FINANCIAL SERVICES LEGISLATION
RULES
FEES RULES
Guidance: Purpose of this rulebook
SCHEDULE 5: FEES PAYABLE TO THE REGISTRAR OF COMPANIES
SCHEDULE 5-1: ADMINISTRATIVE SERVICES FEES PAYABLE TO THE REGISTRAR OF COMPANIES *
SCHEDULE 5-2: Fees payable to the Registrar of Companies in respect of filing an annual return, annual confirmation of accuracy of information in the register or accounts in relation to each financial year
SCHEDULE 6: ANNUAL SUPERVISION FEES PAYABLE TO THE AFSA
SCHEDULE 7: APPLICATION FEES PAYABLE TO THE AFSA IN RESPECT OF WAIVERS, MODIFICATIONS AND OTHER RELIEFS
SCHEDULE 8: FINTECH LAB FEES
SCHEDULE 9: OTHER FEES
SCHEDULE 10: LATE FEES PAYABLE TO THE AFSA*
SCHEDULE 11: LATE FILING FEES PAYABLE TO THE REGISTRAR OF COMPANIES
Entire Act

7.3. Fines for breaches of the AIFC Rules administered by the AFSA

7.3.1. General

If the AFSA is satisfied that a Person has contravened a provision in the AIFC Rules administered by the AFSA, that Person shall be liable to pay a fine.

7.3.2. Fines payable to the AFSA

Subject to any amounts prescribed and/or limits on fees specified in the AIFC Rules administered by the AFSA, the AFSA may determine at its discretion the amount payable for a fine falling within FEES 7.3.1.