Licence Status

This page expands the licence status focus within the Legal framework for DRKB Capitals SPC.

Licence Status

We use Licence Status to set transparent expectations for documentation and legal risk. QFC SPCs have no minimum share capital and are typically exempt from audited accounts and annual general meetings unless directed otherwise. SPCs must appoint at least one director, a secretary, and a Senior Executive Function (SEF).

Summarize the legal considerations contained in Licence Status.
Outline how Licence Status is reflected in transaction documents.
Define the approvals required when Licence Status affects borrower terms.

Scope and application

Scope sets the legal boundaries and update cadence for Licence Status.

Key requirements

Defined transaction purpose and permitted SPC activities only.
Governance roles including director, secretary, and SEF accountability.
SSP appointment for corporate and administrative services and registered office support.
Documented compliance, collateral controls, and reporting cadence.

Reporting expectations

Mandate reporting cadence, stakeholder access, and escalation protocols are confirmed in advance.

Next step

Request a mandate review and receive a tailored execution plan.

Start Mandate Intake