This section of the Guidance describes how the FSRA applies particular requirements of the FSRA Rulebook to all Digital Investment Managers, regardless of whether they are eligible for the prudential capital relief outlined in section 3, above. It is not exhaustive, and should be read in conjunction with the Rulebook itself, as well as:

a. chapter 2 of the GPM, which outlines the FSRA’s approach to authorisation for all FSP applicants; and
b. Supplementary Guidance - Authorisation of Investment Management Activities.7