The Gulf Cooperation Council ("GCC") region, particularly the United Arab Emirates ("UAE") and the Kingdom of Saudi Arabia ("KSA"), is experiencing a dynamic transformation in its financial sector driven by the rapid rise of...more
4/17/2024
/ Buy Now Pay Later (BNPL) ,
Data Protection ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Financing ,
FinTech ,
Investment ,
Popular ,
Regulatory Agenda ,
Sandbox ,
United Arab Emirates (UAE)
The Dubai Virtual Assets Regulatory Authority (VARA) has officially launched its highly anticipated licensing framework for virtual asset service providers (VASPs), ushering in a new era of regulatory oversight for virtual...more
11/16/2023
/ Broker-Dealer ,
Compliance ,
Digital Assets ,
Documentation ,
Dubai ,
Investment ,
Investment Management ,
License Applications ,
Licensing Rules ,
Marketing ,
United Arab Emirates (UAE) ,
Visual Artists Rights Act (VARA)
What you need to know about the VARA Marketing Regulations -
Following the issuance of Law No.4 of 2022 on the Regulation of Virtual Assets in February 2022 (the "DVAL") and the establishment of the Dubai Virtual Assets...more