Am I allowed to operate as Regulated Dealer after I received the In-Principle Approval to register?
No. The registration fees must be paid before you are granted the registration or the renewal of the registration to operate as a registered dealer.
Related questions
Who needs to register as a regulated dealer?
I am an existing dealer registered who has already registered a physical place of business (e.g., retail outlet) when I made my initial application to the Registrar. I am intending to expand to online platforms. Do I need to register an additional place of business (i.e., outlet)?
If I cancel my registration application before it is approved, downgrade my registration from Class B to Class A or cancel my approved registration before expiry, do I get a refund on the remaining period of the registration fee?
Will the Registrar automatically cancel my registration if any of the circumstances in Regulation 21A of the Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Regulations exist?
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