Tagged: ian johnston

FinTech Hive Member Sarwa Digital Wealth Receives In-Principle Approval For Innovation Testing License From Dubai Financial Services Authority

The Dubai Financial Services Authority (DFSA) today granted Sarwa Digital Wealth Limited (Sarwa), an automated investment advice service, in-principle approval for its Innovation Testing Licence (ITL). According to the organization, Sarwa Digital Wealth is considered the first fintech operator to receive approval for this special… Read More

The Dubai Financial Services Authority Signs MOU with Lebanon’s Capital Markets Authority

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Lebanon’s Capital Markets Authority (CMA). The agreement is said to enhance information sharing and cooperation around supervisory issues, further extending the existing relationship between the two markets. DFSA has recently been… Read More

Dubai & Malaysia Sign Fintech Cooperation Agreement

The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have entered into an agreement to cooperate in the development of Fintech.  According to both parties, this agreement reflects efforts by both authorities to provide a robust regime that fosters financial innovation in the… Read More

Dubai Financial Services Authority & the Securities and Futures Commission in Hong Kong Partner on Fintech

The Dubai Financial Services Authority (DFSA) and the Securities and Futures Commission (SFC) in Hong Kong have signed an agreement to cooperate on Fintech innovation. The two public entities said the agreement will further strengthen the efforts of both authorities to develop an innovations-friendly ecosystem… Read More

Dubai Announces Regulatory Framework for Crowdfunding

The Dubai Financial Services Authority (DFSA) has today launched a regulatory framework for loan and investment-based crowdfunding platforms. The DFSA noted this is the first such framework in the  Gulf Cooperation Council (GCC) member countries. The new crowdfunding regulatory approach is part of the DFSA’s… Read More