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: