• 3.3 3.3 Key Requirements

    • 3.3.1 Licence

      A licence to conduct Holding Company Activities may be granted by the QFC Authority. The Rules in 3.4 of these Rules set out the process for seeking a Licence and the criteria that the QFC Authority will apply in determining whether to grant such a Licence.

      Amended (as from 19th October 2017).

    • 3.3.2 Registration

      A Company may be registered by the CRO as a Holding Company, if its Articles of Association conform to the requirements stated in Article 25 of the QFC Special Company Regulations and the QFC Authority has granted a Licence for it to conduct Holding Company Activities. Rules as to the manner and circumstances in which the CRO may register a Company as a Holding Company are set out at 4.2 below.

      Amended (as from 19th October 2017).