Tagged: fsra

June 12, 2024 @ 10:46 pm By Omar Faridi  |  

The Financial Services Regulatory Authority (FSRA) of ADGM and the Bermuda Monetary Authority (BMA) have recently announced the signing of a joint Digital Assets Memorandum of Understanding (MoU). The MoU creates a framework “enabling the collaboration between the BMA and the FSRA to support the… Read More

December 27, 2023 @ 7:23 pm By Omar Faridi  |  

The Financial Services Regulatory Authority (FSRA) has announced revisions to its Anti-Money Laundering and Sanctions Rules and Guidance (the AML Rulebook). The FSRA has made revisions that “clarify the requirements that previously appeared in the AML Rulebook, reflecting the federal regulatory framework the UAE has… Read More

August 19, 2023 @ 10:43 pm By Omar Faridi  |  

The new virtual asset platform M2 has been officially granted a Financial Services Permission (FSP) license in the Abu Dhabi Global Market (ADGM) from the Financial Services Regulatory Authority (FSRA) and is now “approved to operate a multilateral trading facility and offer custody services to… Read More

November 11, 2021 @ 11:37 am By JD Alois  |  

Singapore and Abu Dhabi (UAE), have completed a pilot of a “world’s first” cross-border digital trade financing pilot. The pilot was completed in partnership with the Monetary Authority of Singapore (MAS), Singapore’s Infocomm Media Development Authority (IMDA),  the Financial Services Regulatory Authority (FSRA) of Abu… Read More

August 22, 2021 @ 9:28 pm By Omar Faridi  |  

The Abu Dhabi Global Market (ADGM) has introduced the 5th edition of its flagship project,  Fintech Abu Dhabi Innovation Challenge. The challenge is reportedly a part of the upcoming Fintech Abu Dhabi festival – which is scheduled to take place in November 2021. The ADGM… Read More

April 5, 2021 @ 10:23 pm By Omar Faridi  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has provided an updated set of regulatory guidelines that are meant to serve as a framework to support the operations of Fintech companies. Many of these startups offer third-party services to clients of… Read More

July 2, 2020 @ 7:48 am By Omar Faridi  |  

The central bank of the United Arab Emirates (UAE) and the Abu Dhabi Global Market, an international financial center and free zone based on the Al Maryah Island in the nation’s capital, Abu Dhabi, noted on July 1, 2020, that they’re inviting Fintech firms to… Read More

May 24, 2018 @ 6:58 am By Erin Hobey  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Astana Financial Service Authority of Astana International Financial Centre (AFSA-AIFC) have signed a Memorandum of Understanding (MoU) during the Annual Conference of the International Organisation of Securities Commissions (IOSCO) held in… Read More

October 9, 2017 @ 10:22 am By Erin Hobey  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). The FSRA’s full approach to ICOs and virtual currencies is clarified here…. Read More