Regulatory Alerts2016-06-18
DFSA Consultation Paper No. 109 – Crowdfunding Framework for SME Financing Through Lending
The Dubai Financial Services Authority (DFSA) proposes a new regulatory framework for loan-based crowdfunding platforms operating in the Dubai International Financial Centre (DIFC). The consultation outlines regulatory fundamentals for platform operators, authorized financial services firms, compliance service providers, and potential investors. Interested parties are invited to submit written comments via the provided table by 2 March 2017 to help finalize the DFSA’s approach to regulating SME financing through digital lending portals.
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