• DFSA and Hong Kong’s SFC sign FinTech Cooperation Agreement

    The Dubai Financial Services Authority (DFSA) and the Securities and Futures Commission (SFC) in Hong Kong today entered into an agreement to establish a framework of cooperation on financial technology (FinTech) innovation. The agreement will further strengthen the efforts of both authorities to develop an innovations-friendly ecosystem in their respective markets.
    Source: DFSA, 28/08/2017

  • ADGM recruits UAE Exchange as latest fintech partner

    Abu Dhabi Global Market (ADGM) has announced the latest initiative in the development of its fintech ecosystem, in the form of a partnership with leading remittance firm UAE Exchange, the freezone’s fifth major fintech announcement in the space of two weeks.
    Source: The National, 12/08/2017

  • ADGM, Kenya sign fintech partnership

    Abu Dhabi Global Market (ADGM) and the Capital Markets Authority (CMA) Kenya have signed a cooperation agreement which provides a framework for cooperation to support financial innovation in each jurisdiction.
    Source: Trade Arabia, 01/08/2017

  • DFSA Launches Crowdfunding Framework

    The Dubai Financial Services Authority (DFSA) has today launched its regulatory framework for loan and investment-based crowdfunding platforms, the first such framework in the GCC countries. The regime forms part of the DFSA’s regulatory roadmap to create an innovation-friendly ecosystem, in line with the UAE Government’s National Innovation Strategy.
    Source: DFSA, 01/08/2017

  • DIFC takes a big leap forward in Fintech initiatives

    Financial technology or Fintech as it is more commonly known, has emerged as the buzzword of the decade in the rapidly changing financial services industry. Dubai International Financial Centre (DIFC) has been taking a pioneering role on the global and regional stage.
    Source: Gulf News, 30/07/2017