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Crowdfunding - New Financial Activity Regulated by UAE Central Bank

United Arab Emirates - November 29 2020 The UAE Central Bank has recently issued the “Loan - Based Crowdfunding Activities Regulation” (“Regulation”). The Regulation has regulated a new…

Ali Awad, Jody Glenn Waugh

The new stored value facilities regulation - A new era in the Fintech space

United Arab Emirates - November 11 2020 Over the last couple of years, there has been rapid development in the fintech space. In response to such developments, the UAE Central Bank…

Ali Awad, Sarah El Serafy

FinTech Space in the UAE

United Arab Emirates - January 31 2020 The UAE, including the Abu Dhabi Global Market ('ADGM') and the Dubai International Financial Centre ('DIFC') continues to be actively involved in…

Ashish Banga

Regulation of Crypto Assets at ADGM

United Arab Emirates - August 31 2018 Taking a lead on the regulation of crypto assets in the Abu Dhabi Global Market ("ADGM"), the Financial Services Regulatory Authority ("FSRA") issued…

Ashish Banga

FinTech Licensing Framework in the UAE

United Arab Emirates - July 17 2017 The banking industry globally is moving from a traditional relationship based banking model to a more technology-based provision of services. This is…

Margaret Elder, Yi Ling Wong