Our current regulatory framework provides for the conduct and regulation of several defined regulated financial services activities, including dealing in securities, managing
and advising on investments and managing collective investment schemes, providing and arranging custody services, providing trust and fund administration services and Islamic banking and financing, among several others.
Insurance intermediation is a current permitted activity, and the AFSA is now building out the framework for the conduct and regulation of insurance and reinsurance activities as well as the framework for conventional banking.
The current framework also provides for market infrastructure activities such as operating an exchange and operating a clearing house.
Additionally, a range of professional services ancillary to financial markets and services can be carried on, including legal, audit, accountancy, consulting and credit rating services.
The general legal framework of the AIFC also provides for the incorporation, registration and commercial licensing of entities carrying on a wide range of other corporate and commercial activities, which can thereby also become Centre Participants.