TagDFSA

Dubai and Australia Team Up to Seal FinTech Deal

Dubai Australia FinTech

The securities and financial regulators of Australia and Dubai respectively have entered a mutually beneficial agreement to cooperate on and promote financial technologies (FinTech) in each other’s markets. Inking the terms yesterday, the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investment Commission (ASIC) will jointly work on a collaborative framework toward...

Dubai Financial Regulator Issues ICO Warning

Dubai ICO

A financial markets regulator in Dubai has joined a growing list of authorities around the world to issue a warning on initial coin offerings (ICOs). The Dubai Financial Services Authority (DFSA), the financial regulator of a purpose-built international financial free zone in Dubai, has drawn attention to token sales by urging investors to be wary of ‘unique risks’ inherent in ICOs.  “These...

Hong Kong and Dubai Financial Regulators Enter FinTech Pact

The Hong Kong Securities and Futures Commission (SFC) And the Dubai Financial Services Authority (DFSA) have entered a bilateral FinTech agreement toward the development and application of financial technologies. The Securities and Futures Commission, an independent statutory authority that regulates the securities and futures markets in Hong Kong, one of the world’s major financial hubs, is...

Dubai Regulator Lowers Regulations with FinTech License

Dubai FinTech License

The Dubai Financial Services Authority (DFSA) is lowering the barriers for FinTech firms with a new license to foster and encourage innovation in financial technologies in Dubai. Dubai’s financial regulator is making it easier for FinTech startups and firms to gain entry and offer new services in the region through the introduction of its Innovation Testing License (ITL). CCN reported on the...

Dubai Financial Regulator Reveals FinTech Regulatory Approach

In its advent to establish Dubai as a FinTech hub, the Dubai Financial Services Authority (DFSA) has released a consultation paper as a part of its approach to regulating the FinTech sector. Dubai’s financial regulator has revealed its vision to embrace Fintech development in the region by setting up the required infrastructure and facilitates required for testing of financial technology...

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