QFCA Rules

QFCA Rules
Part 1:
Application, Interpretation and Definitions
1. Application
2. Interpretation
3. Definitions
Part 2:
General Rules
General Rule 1 Application
General Rule 2 Licence to Conduct Non-Regulated Activities
General Rule 3 General Provisions
General Rule 4 Notices to the QFCA
General Rule 5 Reporting
General Rule 6 Record Keeping
General Rule 7 Waivers and Modifications
General Rule 8 Controllers
General Rule 8A Ultimate Beneficial Ownership
General Rule 9 Accounting and Auditing
General Rule 10 Fees
General Rule 11 Registered Functions
General Rule 12 Notification of Registered Functions
General Rule 13 Fitness and Propriety
General Rule 14 Competence, Training and Supervision
General Rule 15 Performance of Registered Functions
General Rule 16 Professional Services
Schedule 1 Principles
Schedule 2 Reporting Table
Schedule 3 Record Keeping Requirements
Schedule 4 Fees
Schedule 5 Licensing Criteria
Part 3:
Conduct of Business Rules (COB)
COB Rule 1. Application
COB Rule 2. General Conduct of Business
COB Rule 3. Communication of Information and Marketing Materials
COB Rule 4. Conflicts and Material Interests
COB Rule 5. Complaints Handling
Part 4:
Licensed Firm Assets Rules (LFAR)
LFAR Rule 1. Application
LFAR Rule 2. Objectives
LFAR Rule 3. General Provisions
LFAR Rule 4. Client Money
LFAR Rule 5. Client Money Distribution Rules
Part 5:
Compliance and Enforcement Rules (CER)
CER Rule 1. Application
CER Rule 2. Administration
CER Rule 3. Investigations
CER Rule 4. Disciplinary Powers
CER Rule 5. Enforcement Procedure
CER Rule 6. Contraventions
Part 6:
Legal Services Code
1. Application
2. General
3. Integrity and Trust
4. Client Care
5. Competence
6. Client Money and Assets
7. Conflicts of Interest
8. Confidentiality and Disclosure
9. Compliance, Co-operation and Information Requirements.
10. Courts, Tribunals and Evidence
Part 7:
QFC Professional Accountants' Code
1. Application
2. General Obligations
3. Ethical Obligations
4. Accounting Standards
5. Client Care
6. Competence
7. Anti-money Laundering
8. Compliance, Co-Operation and Information Requirements