QFC Non-Regulated Activities Rules

Version 4

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Part One - Application, Interpretation, and Definitions

Article 1.1 - Application

These rules apply to Persons carrying on or intending to carry on Non-Regulated Activities. These rules are made pursuant to Article 12 of the QFC Authority Regulations.

Article 1.2 - Purpose

The purpose of these rules is to provide further detail in respect of the Non-Regulated Activities for which an Entity may be licensed by the QFCA and to provide in particular for:

  • (A) the categories of Non-Regulated Activities which may be carried on by a Licensed Firm; and

  • (B) the conditions and restrictions applicable to Non-Regulated Activities.

Article 1.3 - Interpretation

1.3.1 In these rules:

  • (A) a reference to a provision of a law, regulation or rule includes a reference to that provision as amended or re-enacted from time to time;

  • (B) year means a year of the Gregorian calendar;

  • (C) month means a month of the Gregorian calendar;

  • (D) a reference to the masculine gender includes the feminine and the neuter;