DFSA
E519578
The DFSA is the independent financial services regulator for the Dubai International Financial Centre, overseeing and enforcing standards for banking, securities, insurance, and related financial activities.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Dubai Financial Services Authority | 0 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
ⓘ
independent regulator ⓘ |
| abbreviation | DFSA NERFINISHED ⓘ |
| cooperatesWith |
international financial regulators
ⓘ
standard-setting bodies in financial regulation ⓘ |
| country | United Arab Emirates ⓘ |
| enforces |
financial services legislation in the Dubai International Financial Centre
ⓘ
regulatory standards for banking in the Dubai International Financial Centre ⓘ regulatory standards for insurance in the Dubai International Financial Centre ⓘ regulatory standards for securities in the Dubai International Financial Centre ⓘ |
| hasPower |
conduct investigations into regulatory breaches
ⓘ
grant licences to financial institutions in the Dubai International Financial Centre ⓘ impose financial penalties on regulated entities ⓘ revoke licences of financial institutions in the Dubai International Financial Centre ⓘ take enforcement action against non-compliant firms ⓘ |
| hasRegulatoryApproach |
principles-based regulation
ⓘ
risk-based supervision ⓘ |
| headquartersLocation |
Dubai
NERFINISHED
ⓘ
Dubai International Financial Centre NERFINISHED ⓘ |
| issues |
codes of practice for financial services in the Dubai International Financial Centre
ⓘ
rules for authorised firms in the Dubai International Financial Centre ⓘ |
| jurisdiction | Dubai International Financial Centre NERFINISHED ⓘ |
| languageOfWork | English ⓘ |
| legalStatus | independent regulatory authority ⓘ |
| operatesWithin | Dubai International Financial Centre free zone NERFINISHED ⓘ |
| oversees | financial services conducted in or from the Dubai International Financial Centre ⓘ |
| primaryObjective |
maintain the integrity of the Dubai International Financial Centre financial system
ⓘ
promote transparency and fairness in financial markets in the Dubai International Financial Centre ⓘ protect direct and indirect users of financial services in the Dubai International Financial Centre ⓘ reduce systemic risk in the Dubai International Financial Centre ⓘ |
| regulates |
asset management activities in the Dubai International Financial Centre
ⓘ
authorised market institutions in the Dubai International Financial Centre ⓘ banking services in the Dubai International Financial Centre ⓘ collective investment funds in the Dubai International Financial Centre ⓘ credit service providers in the Dubai International Financial Centre ⓘ insurance activities in the Dubai International Financial Centre ⓘ money service providers in the Dubai International Financial Centre ⓘ securities activities in the Dubai International Financial Centre ⓘ |
| regulatoryScope |
anti-money laundering supervision in the Dubai International Financial Centre
ⓘ
conduct-of-business regulation in the Dubai International Financial Centre ⓘ counter-terrorist financing supervision in the Dubai International Financial Centre ⓘ prudential regulation of certain financial institutions in the Dubai International Financial Centre ⓘ |
| relatedTo | Dubai International Financial Centre Authority NERFINISHED ⓘ |
| sector | financial regulation ⓘ |
| subjectTo | Dubai International Financial Centre legislative framework NERFINISHED ⓘ |
| supervises |
authorised firms in the Dubai International Financial Centre
ⓘ
authorised individuals in the Dubai International Financial Centre ⓘ |
| website | https://www.dfsa.ae/ ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.