Tag "Financial Services Regulatory Authority (FSRA)"

ADGM Rolls Out New Regulatory Framework for Third Party Financial Technology Services

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a new regulatory framework for the authorisation and supervision of fintech firms providing third party services to customers of financial institutions. Third Party Providers (TPPs) are

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UAE Card Processor NymCard Raises US$ 7.6 Million in Series A Funding Round

Abu Dhabi-based Banking-as-a-Service (BaaS) provider NymCard announced that they have raised US$ 7.6 million during a Series A funding round bringing the firm’s total funding to $12 million to date. The funding round led by Shorooq Partners and joined by

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AI-Powered Robo Asset Manager FinaMaze Launches in the UAE

FinaMaze, based in Abu Dhabi, announced the launch of its AI-powered robo asset manager for the Middle East and North Africa (MENA) region during the Fintech Abu Dhabi 2020 forum. FinaMaze offers tailor-made solutions to navigate the financial investment maze

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Abu Dhabi Global Market Appoints New CEO

Abu Dhabi Global Market (ADGM) announced that Emmanuel Givanakis, will take on the new position as Chief Executive Officer of ADGM’s Financial Services Regulatory Authority (FSRA) in April 2021. Mr. Givanakis, said to be a key driver in the establishment

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The Financial Services Regulatory Authority of Adu Dhabi Launches 3 Regtech Initiatives

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that it has launched three RegTech pilot initiatives, with the objective of helping its regulated financial services firms achieve better compliance and risk management outcomes, while reducing

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5 UAE Regulator Initiatives to Bring Fintech to The Next Level

The Bahrain Fintech Regulations Report 2019, partly produced by the Central Bank of Bahrain, showcases some of the regulations and initatives set up to cultivate the growth of fintech in their regions. Each region with a strong fintech scene has their own way

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Crypto Asset Regulatory Framework for Abu Dhabi

Abu Dhabi Global Market (ADGM) las launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM. This follows the successful completion of a public consultation on the introduction of a robust

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ADGM Launches e-KYC Utility Project With Consortium Of Key UAE Financial Institutions

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announces the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest

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Abu Dhabi Global Market Sets Out Guidance On Initial Coin Offerings And Virtual Currencies

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). Image via Monetary Authority of

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