The new regime specifies licensing and reporting requirements for a range of activities related to virtual assets in the Emirate of Dubai.
On February 7, 2023, the Dubai Virtual Assets Regulation Authority (VARA) adopted...more
The updates are part of SAMA’s efforts to promote an innovation-based financial technology ecosystem in the KSA.
Key Points:
..Resubmission of a refused PSPR license application will only be accepted nine months after...more
The Abu Dhabi Global Market’s Guidance clarifies and expands FSRA expectations for OCAB Framework license holders.
In June 2018, the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) unveiled a...more
7/23/2019
/ Abu Dhabi Global Markets (ADGM) ,
Anti-Money Laundering ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
FATF ,
Financial Services Authority ,
Financial Services Industry ,
Governance Standards ,
Licensing Rules ,
Money Services Business ,
Regulatory Authority ,
Regulatory Standards ,
Token Sales ,
United Arab Emirates (UAE)
New Regulations balance innovation in the payments sector with safety, security and maintaining the public’s trust in the UAE payment ecosystem.
After a long period of consultation, on 1 January 2017 the Central Bank in...more
New Regulations balance innovation in the payments sector with safety, security and maintaining the public’s trust in the UAE payment ecosystem.
After a long period of consultation, on 1 January 2017 the Central Bank in...more