Annex
2/2024 Issued on 14/6/2024List of documents to be submitted in an application
| 1. | Completed application form for License | ||||||
| 2. | A report on paid-up capital certified by External Auditor | ||||||
| 3. | A copy of the ownership structure | ||||||
| 4. | The latest audited financial statements for each Controller | ||||||
| 5. | Completed application form(s) for each Controller | ||||||
| 6. | Outline of the Senior Management and staff structure | ||||||
| 7. | Completed application forms for members of the Board and Senior Management | ||||||
| 8. | Independent assessment report(s) on the key areas as set out in Article (6)5 | ||||||
| 9. | Documentation on the sources of funds (Article (15)2 and Article (15)6) | ||||||
| 10. | A copy of the cyber-security policy | ||||||
| 11. | Risk management policies and procedures | ||||||
| 12. | Policies and procedures regarding AML/CFT risk | ||||||
| 13. | A copy of the risk appetite framework | ||||||
| 14. | Copies of policies and procedures for managing the Reserve of Assets | ||||||
| 15. | A copy of the investment policy for managing the investment of Reserve of Assets | ||||||
| 16. | A copy of any Customer Agreements to be used | ||||||
| 17. | Business plan that covers a three-year time horizon | ||||||
| 18. | A copy of the business exit plan | ||||||
| 19. | Board resolution in support of the Application | ||||||
| 20. | A copy of the articles of association (or equivalent) of the Applicant company in English and Arabic | ||||||
| 21. | A copy of the Applicant's audited annual reports and / or audited financial statements for the past three financial years immediately prior to application | ||||||
| 22. | Each of the following:
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