Dubai Financial Services Authority (DFSA)

Digital assets are reshaping finance, and regulation is evolving to keep pace. Join us on Thursday 10 April 2025 for a webinar exploring the evolving regulatory landscape for digital assets in the DIFC.  During the session, we’ll explore: • The DFSA’s regulatory framework for digital assets • The DFSA’s Tokenisation Regulatory Sandbox and how it supports responsible innovation • Digital asset developments in the DIFC and beyond Speakers include DFSA’s Elisabeth Wallace, Associate Director, Policy, Herman Schueller, Director, Innovation and Technology Risk Supervision, and Vandana Kothari, Senior Manager, Fintech Supervision, as well as Steve Gotz, Head of Business at DIFC Innovation Hub and Kokila Alagh, Founder of Karm Legal Consultants. Secure your spot and be part of the discussion: https://lnkd.in/dcSEH9dK #DFSA #DIFC #Webinar #Regulation #Regulator #DigitalAssets #Fintech #Innovation #Tokenisation

Final call to share your questions. Ahead of our webinar on 'Navigating Digital Assets Regulation in the DIFC', we're inviting participants to submit questions to our speakers – today is the last day to do so: https://lnkd.in/dxYUT7tp The session takes place this Thursday 10 April, and brings together voices from the DFSA, DIFC Innovation Hub and KARM Legal Consultants to explore: • The DFSA’s regulatory framework for digital assets • The DFSA’s Tokenisation Regulatory Sandbox and how it supports responsible innovation • Digital asset developments in the DIFC and beyond Register to the webinar to join the conversation: https://lnkd.in/dcSEH9dK #DFSA #DIFC #Webinar #Regulation #Regulator #DigitalAssets #Fintech #Innovation #Tokenisation

The DFSA alerts the financial services community and the public about a fraudulent website impersonating CGL (Dubai) Limited, a DFSA Authorised Firm. The website falsely claims to offer trading services and pressures individuals to make deposits and increase turnover before allowing withdrawals. The DFSA strongly advises you to: • Not visit the fraudulent website • Not respond to related communications • Never send money to any party connected to the scam For more information on this scam, click here: https://lnkd.in/dbYJXU-E The DFSA has a dedicated webpage featuring alerts on issued scams. For more information, please visit: https://www.dfsa.ae/alerts If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the DIFC, DFSA or a DFSA regulated Firm, direct your concerns to the DIFC on Tel: +971 4 362 2222 and to the DFSA via the DFSA Complaints function on: https://lnkd.in/em9Q_ujY

Published earlier this year, the DFSA’s 2025-2026 Business Plan is built around four strategic pillars that will shape our regulatory priorities: Delivery, Engagement, Innovation, and Sustainability. These pillars reflect our commitment to maintaining a dynamic, forward-looking regulatory approach that supports the continued growth of the DIFC as a leading financial hub. To learn more, read our 2025-2026 Business Plan: https://lnkd.in/dDJB7p72 #DFSA #DIFC #businessplan #strategy #regulator #regulation #engagement #innovation #delivery #sustainability

As we celebrate Eid al-Fitr, we extend our best wishes to you and your loved ones. May this joyous occasion bring joy, togetherness, and new beginnings. Eid Mubarak from the DFSA.

The DFSA has issued a Feedback Statement on the public comments received on Consultation Paper No 160 (CP160) – Updates to the Client Assets regime. In August 2024, the DFSA published CP160 and consulted on proposed updates to the Client Assets regime, providing more clarity on what the DFSA requires from its Authorised Firms and Registered Auditors. Applicable regulatory instruments subject to final amendments to the rules were recently published in the General Rulebook (GEN), Conduct of Business Module (COB), Collective Investment Rules (CIR), Glossary (GLO), Auditor Module (AUD) and the Market (MKT) Modules. They will come into force on 1 January 2026. For more information: https://lnkd.in/dDeVC8Gv #dfsa #difc #feedback #feedbackstatement #consultation #consultationpaper #regulation #regulator #clientassets #authorisedfirms #providingcustody #auditors 

The hedge fund sector in the DIFC continues to grow, with more than 70 hedge fund businesses operating in the Centre – the majority of which manage more than USD 1 billion in assets. As a regulator, we are committed to ensuring that our framework is fit for purpose. Our proposed changes to the Funds Regime, outlined in Consultation Paper No 161 (https://lnkd.in/dCAuAzpF), aim to lower barriers to entry while removing any unnecessary regulatory burden. We discussed these developments with Bloomberg's Hedge Fund reporter Hema Parmar. To read the full article, click here: https://lnkd.in/dN2juHwm #DFSA #DIFC #Hedgefunds #regulator #regulation

The DFSA is hiring for two roles! We are looking for a Senior Manager, Insurance, and an Associate Manager, Regulatory Transactions, to join our Supervision team. Requirements for the Senior Manager, Insurance role include: • At least 8 to 10 years of recent regulatory experience with a financial services regulator, or equivalent length of experience in the insurance industry dealing with regulatory issues. • Experience in supervising general insurers and/or reinsurers in internationally active insurance groups, preferably in commercial insurance. • Experience in dealing with financial services regulators, standard setters and members of the Board of Directors and senior executives. • Strong and proven knowledge and expertise in dealing with financial services regulations and insurance standards and practices, particularly those relating to the International Association of Insurance Supervision (IAIS) on insurance supervision and other relevant international standard-setters. Requirements for the Associate Manager, Regulatory Transactions include: • Minimum of 2 years of experience in a broadly equivalent role. • A good knowledge of the financial services industry and its unique characteristics. • IT skills, especially Business Intelligence software such as Microsoft Power BI with the ability to use the DFSA’s data for analysis, reports, and alerts. • Data analytical skills will be considered as an advantage. Application deadline: Friday 28 March 2025 Why join the DFSA? You will be part of an innovative, forward-thinking organisation dedicated to driving impactful initiatives and safeguarding the integrity of financial markets in the UAE. If you have any of the skills listed above, we want to hear from you! For more details and to apply, click here: https://www.dfsa.ae/career #DFSA #Regulation #Career #Hiring #UAE #Dubai #Job #FinancialServices

We would like to draw your attention to a scam in which the Dubai Financial Services Authority (DFSA) was impersonated in a fake Telegram Channel. The scammers set up a Telegram Channel inviting members of the public to invest, with a promise to generate profits of 100%. To make the scam seem authentic, the scammers: • fraudulently used the DFSA’s name as the name of the Telegram Channel, and • used a photo of the DFSA’s name and logo as the profile photo of the Telegram channel. The DFSA informs you that the: • DFSA does not operate a Telegram Channel • DFSA’s name and logo have been used without permission or authorisation, and • DFSA is the regulator of Financial Services in the Dubai International Financial Centre. The DFSA does not invest any money on behalf of members of the public, or generate any profits for them. The DFSA strongly advises you not to respond to any communications regarding this scam, and under no circumstances should you send or give any money to any party connected to the scam. To read more, click here: DFSA Impersonated in a Fake Telegram Channel | DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES The DFSA has a dedicated webpage featuring alerts on issued scams. For more information, please visit: https://www.dfsa.ae/alerts The DFSA encourages consumers to refer to the list of regulated Firms and Authorised Individuals licensed by the DFSA that is available on the DFSA's website via: https://lnkd.in/esk86JpM The DFSA has issued warnings and guidance about the common types of scams perpetrated on consumers. For more information on these scams, please go to: https://lnkd.in/dpUHafv8 If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the DIFC, DFSA or a DFSA regulated Firm, direct your concerns to the DIFC on Tel: +971 4 362 2222 and to the DFSA via the DFSA Complaints function on: https://lnkd.in/em9Q_ujY #DFSA #Scam #Alert

As part of our commitment to foster innovation while ensuring regulatory integrity, we are seeking interest for the DFSA’s Tokenisation Regulatory Sandbox. This initiative aims to provide a controlled environment for firms to test and develop tokenised investment products and services in the DIFC, with tailored regulatory support.  The Expression of Interest phase runs from 17 March 2025 to 24 April 2025.   We invite firms engaged in tokenisation-related financial services to apply. Find out how to apply via the below guide or the DFSA website: https://lnkd.in/dTW5FRWV #DFSA #DIFC #tokenisation #regulatorysandbox #sandbox #regulator #regulation