Operating an Exchange means operating a facility which functions regularly and brings together multiple third party buying and selling interests in Investments, in accordance with its non-discretionary rules, in a way that can result in a contract in respect of Investments admitted to trading or traded on the facility.
AIFC General Rules, Schedule 4
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
Operating a Clearing House
Operating a Clearing House means operating a facility where confirmation, clearance and/or settlement of transactions in Investments are carried out in accordance with the non-discretionary rules of the facility, under which the Person operating the facility:
1) becomes a Central Counterparty (“CCP”); or
2) provides a book-entry Securities Settlement System (“SSS”), regardless of whether or not such a Person also operates a Central Securities Depository.
AIFC General Rules, Schedule 4
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
Operating a Digital Asset Trading Facility
Operating a Digital Asset Trading Facility means operating a facility which functions regularly and brings together multiple parties (whether as principal or agent) with a view to the entering into of contracts:
1) to buy, sell or exchange Digital Assets for a Fiat currency; and/or
2) to exchange one Digital Asset for another Digital Asset, in its Facility, in accordance with its non-discretionary rules.
AIFC General Rules, Schedule 1
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
Operating a Loan Crowdfunding Platform
Operating a Loan Crowdfunding Platform means:
a) operating an electronic platform that facilitates the bringing together of potential lenders and Borrowers; and
b) administering a loan agreement that results from operating the electronic platform.
Operating a Loan Crowdfunding Platform also includes making arrangements for a lender to transfer his or her rights and obligations under a loan agreement.
AIFC General Rules, Schedule 4
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
Operating an Investment Crowdfunding Platform
Operating an Investment Crowdfunding Platform means:
a) operating an electronic platform that facilitates the bringing together of potential Investors and Issuers who wish to obtain funding for a business or project, resulting in an Investor obtaining an Investment from the Issuer seeking funding; and
b) administering an Investment that results from operating the electronic platform.
Operating an Investment Crowdfunding Platform also includes making arrangements for an Investor to sell his or her Investment referred to in (1).
AIFC General Rules, Schedule 4
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
Operating a Private Financing Platform
(1) Operating a Private Financing Platform means operating an electronic platform which brings together multiple third parties directly or indirectly buying an instrument acknowledging or creating indebtedness arising from the supply of goods or the delivery of services.
(2) Operating a Private Financing Platform also includes:
(a)entering into an arrangement with a party for the purpose facilitating the activity described in (1) whether through an intermediary investment vehicle or otherwise;
(b)facilitating an arrangement described in (2)(a); and/or
(c)holding or controlling Client Money or Arranging Custody in connection with an arrangement described in (1), (2)(a), or (2)(b) above.
AIFC General Rules, Schedule 4
For information on the applicable fees, please refer to the AFSA Fees Rules available on the official website of the regulator. This document contains a comprehensive list of all relevant charges, including authorisation fees, annual supervisory fees, registration-related costs, penalties, and other mandatory payments.
More information and templates are available on AFSA’s website
How to set up a business in AIFC?
Discover the essential steps and key information required to set up your business in the AIFC
