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 FSRA has issued a public alert regarding a suspected fraudulent scheme involving Airo Capitals. This announcement serves to warn the public and regulated entities about potential fraudulent activities and to exercise caution in dealings with the mentioned entity.
ADGM has published dedicated guidance on crypto mining, becoming the first international financial centre in the region to do so. This guidance provides clarity on the regulatory framework for crypto mining activities, which is essential for firms involved in or considering entering the crypto mining sector.
The FSRA issued a statement regarding a security incident involving Binance, highlighting the importance of robust security measures for cryptocurrency exchanges. This announcement serves as a reminder for firms to ensure their security protocols are up to date to protect against potential breaches.
Updates are found automatically on regulators' websites and summarised by AI. Check the official source before relying on any item.
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