#Dubai Financial Services Authority

Former Abraaj COO reaches settlement with Dubai’s DFSA

Former Abraaj COO reaches settlement with Dubai’s DFSA

Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings

DFSA moves to an open window format for accepting ITL applications

DFSA moves to an open window format for accepting ITL applications

Since its inception in 2017, a total of 130 companies have applied to enter the ITL programme, with 67 applicants being accepted so far

UAE’s DFSA introduces ‘whistleblowing’ regulatory regime

DFSA’s regime aims to improve the whistleblowing culture among its regulated entities by increasing transparency around how they handle regulatory concerns

Dubai Financial Services Authority

Dubai Financial Services Authority signs MoU with Central Bank of Mauritius

The agreement will facilitate knowledge exchange on technologically enabled financial innovation

Dubai Financial Services Authority signs MoU with India’s IFSCA

The agreement sets a framework for mutual assistance and exchange of information in areas, including money laundering and terrorism financing

Former Abraaj managing partner Mustafa Abdel-Wadood fined $1.9m by Dubai’s DFSA

Abraaj, which was one of the biggest private equity firms in the MENA region, went into liquidation in 2019

Dubai Financial Services Authority provides regulatory framework for future of finance

The DIFC is now home to more than 3,200 companies and nearly 28,000 staff, while the DFSA regulates 521 financial services firms

Dubai’s DFSA appoints F. Christopher Calabia as new chief

He will succeed Bryan Stirewalt with effect from October 1, 2021

Dubai Financial Services Authority

Technology, operational resilience critical to the future of financial services

A stable financial sector is key to sustainable growth