Tag: DFSA

plus500 revenue
February 06, 2023 BY Steffy Bogdanova

Plus500 secures DFSA licence in United Arab Emirates

David Zruia, CEO of Plus500, commented: We are delighted to have received licence authorisation from the DFSA in the UAE and we are excited to bring our market-leading technology capabilities to customers in the region. This is the latest realisation of our strategy to enter new markets, develop new products, and deepen engagement with our…

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October 26, 2021 BY Steffy Bogdanova

DFSA introduces regulation for investment tokens

Peter Smith, Managing Director, Head of Strategy, Policy and Risk at the DFSA said: Creating an ecosystem for innovative firms to thrive in the UAE is a key priority for both the UAE and Dubai Governments, and the DFSA. Our consultation on Investment Tokens enabled us to understand what firms were looking for in a…

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DFSA launches Cyber Threat Intelligence Platform
December 30, 2019 BY Valentina Kirilova

DFSA launches Cyber Threat Intelligence Platform

The Dubai Financial Services Authority (DFSA) has announced yesterday that it is about to launch the first regulator-led cyber threat intelligence platform in the Dubai region, aiming to help firms in the Dubai International Financial Centre (DIFC) implement appropriate safeguards to mitigate against cyber risks. The Cyber Threat Intelligence Platform is a result of ongoing…

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New Broadridge portal automates and transforms the MBS Trade Assignment Process
August 29, 2018 BY Valentina Kirilova

DFSA and MAS sign FinTech agreement

The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have just announced that they have entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority. The agreement reflects the commitment of both authorities to develop an environment that supports the sustainable development…

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February 12, 2018 BY Valentina Kirilova

DFSA signs MoU with the Central Bank of Oman

The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International Financial Centre by Mr Bryan Stirewalt, Managing Director, Supervision of the DFSA, and His Excellency, Tahir…

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December 07, 2017 BY Valentina Kirilova

Dubai Financial Services Authority signs FinTech agreements with Hong Kong authorities

The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance collaboration in financial technology (FinTech) innovation. The agreements reinforce the existing strong relationship between the authorities in the two markets, which cooperate in the regulation of the financial services sector and FinTech businesses. The DFSA…

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DFSA fines individual US$52,500
October 31, 2017 BY Valentina Kirilova

Dubai Financial Services Authority continues to develop its funds regime

The Dubai Financial Services Authority (DFSA) has today consulted on a comprehensive package of proposals to support the continued development of the growing funds industry in the Dubai International Financial Centre (DIFC).The proposals are wide-ranging and are designed to provide greater flexibility for investors and fund managers in the Centre. Ian Johnston, the Chief Executive…

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