Central Bank Grants NOC for DDSC Stablecoin to Appear on VARA‑Licensed Platforms UAE Central Bank grants NOC for DDSC stablecoin, allowing the AED-backed digital currency on VARA-licensed platforms to support …
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Business
UAE Central Bank expands dormant accounts, unclaimed funds rules to licensed institutions
by James Bryantby James BryantUAE Central Bank expands framework for dormant accounts and unclaimed funds across all licensed financial institutions New Central Bank rules require banks, finance firms, exchange houses and insurers to trace …
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Business
Securities and Commodities Authority announces AED 1.2 billion settlement with licensed broker
by James Bryantby James BryantSecurities Regulator Announces 1.2 Billion Dirhams Settlement Between Investor and Licensed Broker Securities regulator confirms 1.2 billion dirhams settlement between an investor and a licensed brokerage firm, underscoring strengthened investor …
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The Dubai Financial Services Authority announced yesterday that a standard increase of 31% in the number of licensed companies during the year 2024, where licenses were granted to 135 new …