#Dubai Financial Services Authority

adgm regulator-sarwa

Why did Abu Dhabi Global Market regulator impose a $122,500 fine on Sarwa?

The regulator said the probe was closely coordinated between the FSRA and the Dubai Financial Services Authority

Dubai Financial Services Authority registers 117 firms in 2023, reflects 25% YoY growth Image WAM

Dubai Financial Services Authority registered 117 firms in 2023, reflecting 25% growth

The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.

DFSA waives fees on ESG listings on Nasdaq Dubai

DFSA scraps regulatory fees on ESG listings on Nasdaq Dubai

The waiver applies to all new and repeat issuers who make a relevant application to the Dubai Financial Services Authority

Finding the right balance Virtual assets regulation in the UAE

Finding the right balance: Virtual assets regulation in the UAE

The new CBUAE guidance related to the virtual assets sector is aimed at strengthening the supervisory and regulatory frameworks of the country’s central bank and other relevant bodies in line with global best practices

DFSA FIU sign Mou to fight financial crime

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

The agreement aims to enhance co-operation, co-ordination and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance

Mirabaud

DFSA fines bank Mirabaud $3m for anti-money laundering controls failings

The penalty includes disgorgement of $975,000, reflecting the economic benefit Mirabaud gained from its violations in the form of fees and commissions

DIFC aims to attract 50 hedge funds to Dubai photo courtesy Dubai Media Office twitter

US hedge fund Verition chooses DIFC for global expansion

Verition manages approximately $7.3bn across its strategies, with over 400 employees globally

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Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings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