Regulatory updates
New rules, circulars, consultations and notices from UAE regulators, each summarised with who is affected and what to do. Collected by Arakan Lexara from the regulators' own websites.
Arakan Lexara Weekly
The week's changes, what they mean and the deadlines ahead. Every Monday, free.
The ADGM has issued an alert regarding the misuse of the ADGM Academy name in investment and trading activities. This notice warns the public and regulated firms about potential fraudulent schemes using the ADGM Academy's name to lend credibility to unauthorized activities. It is crucial for firms to verify the legitimacy of entities claiming association with ADGM to avoid falling victim to scams.
The Financial Services Regulatory Authority (FSRA) issued a statement regarding a security incident involving Binance. This announcement is crucial for firms dealing with cryptocurrencies as it highlights potential vulnerabilities and the importance of robust security measures.
Updates are found automatically on regulators' websites and summarised by AI. Check the official source before relying on any item.
Past weekly briefingsADGM has published new guidance on crypto mining, making it the first international financial centre in the region to do so. This guidance aims to provide clarity and regulatory oversight for firms involved in crypto mining activities, ensuring compliance with ADGM's regulatory framework.