ABU DHABI GLOBAL MARKET ISSUES PUBLIC CONSULTATION ON ITS FINTECH LEGISLATIVE FRAMEWORK
31 Aug

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today issued a public consultation paper inviting public feedback and comments for its proposed legislative framework to  implement and govern the FRSA Regulatory Laboratory (“FSRA RegLab”).   This follows closely from our policy consultation of 10 May 2016 for a FinTech Regulatory Laboratory (RegLab) in ADGM.  Taking into account the significant support and feedback received from the policy consult, the FSRA has formulated the proposed regulatory framework, comprising regulations, rules and guidelines, to introduce the FSRA RegLab that will provide a controlled environment to allow the development and testing of innovative FinTech solutions.

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