SCHEDULE 4: APPLICATION FEES PAYABLE TO AFSA FOR RECOGNISED NON-AIFC MARKET INSTITUTION, RECOGNISED NON-AIFC MEMBERS AND FOREIGN FUND MANAGERS
1.1 Application fees for recognition as a Recognised Non-AIFC Market Institution, Recognised Non-AIFC Member and Foreign Fund Manager
Fees for applications for Recognised Non-AIFC Market Institution and Recognised Non-AIFC Member status and recognition as a Foreign Fund Manager.
An applicant seeking recognition as a Recognised Non-AIFC Market Institution, Recognised Non-AIFC Member or Foreign Fund Manager must pay to the AFSA the application fee set out in the table at 1.1 below.
Application fee | Fee (USD) |
Recognised Non-AIFC Market Institution | 5 000 |
Recognised Non-AIFC Member | 2 000 |
Foreign Fund Manager | 2 000 |
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1.2 Application fees for modification or withdrawal
Fees for application to modify or withdraw
A Recognised Non-AIFC Market Institution, Recognised Non-AIFC Member or Foreign Fund Manager applying to the AFSA to change the scope of its status, or to have its status withdrawn, must pay the prescribed fee set out in the table at 1.2 above.
Application to Modify or Withdraw | Fee (USD) |
Modification or withdrawal of a Recognised Non-AIFC Market Institution status | At present, the AFSA does not intend to charge an application fee for these activities. Any such application fee shall be determined by the AFSA at a later date. |
Modification or withdrawal of Recognised Non-AIFC Member status | |
Modification or withdrawal of Foreign Fund Manager status |
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