Tag "Financial Services Regulatory Authority (FSRA)"
Gulf Capital Gets ADGM In-Principle Approval for an Asset Management License
Private equity firm Gulf Capital has opened its new global headquarters in the Abu Dhabi Global Market (ADGM) and obtained in-principle approval for an asset management license from the ADGM Financial Services Regulatory Authority (FSRA). The company is also pursuing
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Swiss Digital Asset Bank Sygnum Granted In-Principle Approval by ADGM
Swiss digital asset bank Sygnum has received in-principle approval from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) to expand to the city. The approval allows the company to access Abu Dhabi’s established wealth management market and
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Abu Dhabi Crypto Hub Launched on Third Day of Abu Dhabi Finance Week 2022
The third day of the inaugural Abu Dhabi Finance Week (ADFW), organised by Abu Dhabi Global Market (ADGM), was held under the overarching theme “Crypto Abu Dhabi”. Crypto Abu Dhabi focused on key topics including decentralised finance, cryptography, trading, cryptocurrencies,
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Binance Secures Financial Services Permission From ADGM’s FSRA
Binance has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to provide custody services to professional clients. The cryptocurrency platform previously received in-principle approval from the FSRA to be
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OneConnect Establishes Regional Office in ADGM to Offer Digital Banking Solutions
Chinese financial technology company OneConnect has launched a regional operations hub in the Abu Dhabi Global Market (ADGM) to introduce its digital banking solutions. OneConnect and the ADGM previously worked together on the ADGM Digital Lab, a marketplace and industry sandbox
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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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