DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES
DFSA Joins Launch of Global Financial Innovation Network

DFSA Joins Launch of Global Financial Innovation Network

31 January, 2019

The DFSA announced the launch of the next phase of the Global Financial Innovation Network (“GFIN”). The GFIN – a group of 29 international organisations including the DFSA – invited applications from firms looking to take part in a testing pilot for innovative financial products, services or business models across more than one jurisdiction.

SCA, ADGM and DFSA Launch Fund Passporting Legislation Enabling UAE-Wide Promotion of Investment Funds

SCA, ADGM and DFSA Launch Fund Passporting Legislation Enabling UAE-Wide Promotion of Investment Funds

11 March, 2019

SCA, the FSRA of ADGM and the DFSA announced that, following the enactment of relevant legislation and rules, a new fund passporting facility is available. This passporting facility, which has been the subject of extensive public consultation since November 2018, will ease the promotion of the funds licensed by each authority across the UAE.

DFSA signs MoU with Smart Dubai on Organisation-Wide smart FINAL

DFSA signs MoU with Smart Dubai on Organisation-Wide smart FINAL

30 June, 2019

The DFSA signed an MoU with Smart Dubai to collaborate on organisation-wide smart transformation initiatives led by Smart Dubai. The MoU was digitally signed by Waleed Saeed Al Awadhi, Chief Operating Officer of the DFSA, and H.E Wesam Lootah, Chief Executive Officer of Smart Dubai Government Establishment making it one of the first digitally signed MoUs in the UAE.

The DFSA joins Network for Greening the Financial System

The DFSA joins Network for Greening the Financial System

22 July, 2019

The DFSA announced that it is a member of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), becoming one of the first regulatory authorities in the Middle East and North Africa region to join the NGFS.

DFSA and Commission de Surveillance du Secteur Financier sign Financial Innovation Agreement

DFSA and Commission de Surveillance du Secteur Financier sign Financial Innovation Agreement

28 November, 2019

The DFSA and the CSSF Luxembourg entered into an agreement to cooperate in the development of FinTech. The cooperation framework reflects efforts by both authorities to foster innovation in the DIFC as well as in Luxembourg.

DFSA extends MoU with Chinese regulatory body CBIRC

DFSA extends MoU with Chinese regulatory body CBIRC

14 November, 2019

The DFSA signed an extension to their MoU with the China Banking and Insurance Regulatory Commission (CBIRC). The MoU was signed by ZHOU Liang, Vice Chairman of the CBIRC and Bryan Stirewalt, Chief Executive of the DFSA, during a visit by a CBIRC delegation to the DIFC.

Saudi Arabian Monetary Authority's first MoU in Riyadh signed with the DFSA

Saudi Arabian Monetary Authority's first MoU in Riyadh signed with the DFSA

05 November, 2019

The DFSA and the SAMA improved their relationship when Mr Saeb Eigner, Chairman of the DFSA, met His Excellency Ahmed Al-Kholifey, Governor of SAMA, and signed a MoU to reinforce mutual cooperation in their supervision of banking and insurance.

The DFSA authorises its 500th financial firm

The DFSA authorises its 500th financial firm

02 October, 2019

The DFSA marked a substantial moment in the 15-year history of the DIFC by registering the 500th firm conducting financial services in or from the DIFC.

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