The DFSA Rulebook Authorised Market Institutions (AMI)

AML/VER27/03-25

PART 1 - INTRODUCTION 

1. APPLICATION, INTERPRETATION AND OVERVIEW 

1.1 Application 

1.1.1 

1. This module applies to: 

a. every Person who carries on, or intends to carry on, either or both of the Financial Services of Operating an Exchange or Operating a Clearing House in or from the DIFC;

b. a Key Individual, or a Person intending to be a Key Individual, of a Person referred to in (a); and 

c. a Controller, or a Person intending to be a Controller, of a Person referred to in (a). 

2. This module also applies to an Authorised Market Institution where it: 

a. carries on, or intends to carry on, the Financial Service of Operating an Alternative Trading System to the extent that such activities constitute operating a Multilateral Trading Facility; or 

b. acts as a Trade Repository.

3. This module does not apply to a Recognised Body. 

Guidance 

This module will also apply to an Authorised Market Institution that is Operating a Facility for Investment Tokens or Crypto Tokens, unless otherwise specified. Operating a Facility for Investment Tokens is defined in GLO in relation to an Authorised Market Instituti...