Regulatory Alerts2017-03-06
DFSA Consultation Paper 112 on Testing Fintech Innovations in the DIFC
The Dubai Financial Services Authority (DFSA) issued Consultation Paper 112 to outline guidance for FinTech operators seeking to test innovative business models within the DIFC regulatory framework. Rather than introducing new rules, the DFSA proposes leveraging existing regulatory flexibility to streamline enquiries and facilitate market entry for qualifying firms. Interested stakeholders are invited to submit feedback using the provided comment table by 5 April 2017.
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