Article 22 - Background

(1) The QFC Law provides that no activities may be conducted in or from the QFC unless they fall within the general categories of Permitted Activities set out in the QFC Law (and which are set out in Part 4 of Schedule 3 for ease of reference).
(2) The QFC Law also provides that no Regulated Activities are to be conducted in or from the QFC save pursuant to an appropriate approval, authorisation or licence from the Regulatory Authority.