The Dubai Financial Services Authority (DFSA) on Tuesday, February 4, released its 2025-2026 business plan, which it said aims to drive regulatory excellence and innovation in the Dubai International Financial Centre (DIFC).
Publish dateThursday 6 February 2025 - 00:44
According to Amac News: The plan focuses on four key strategic axes: ensuring that the DFSA’s regulatory framework remains effective and responsive to the changing needs of the financial sector; strengthening relationships with stakeholders and promoting a collaborative approach across the industry; embracing technological advances to improve operations and maintain DIFC’s position at the forefront of the global financial landscape; and supporting initiatives that contribute to long-term economic, environmental and social sustainability.
Fadhil Al Ali, Chairman of the DFSA, said that by improving regulatory frameworks and embracing digital transformation, the aim is to support the growth of DIFC and contribute to the prosperity of Dubai and the UAE.
Key priorities for 2025-2026 include strengthening risk-based regulation, facilitating innovation and enhancing alignment with international standards.
The DFSA will also continue to adapt its regulatory framework for transparency in emerging areas such as artificial intelligence and fintech, and will focus on combating financial crime and strengthening cyber resilience.
Finally, the DFSA is committed to investing in its talent and culture, and will introduce programs to attract and nurture talent, particularly Emirati professionals.
Fadhil Al Ali, Chairman of the DFSA, said that by improving regulatory frameworks and embracing digital transformation, the aim is to support the growth of DIFC and contribute to the prosperity of Dubai and the UAE.
Key priorities for 2025-2026 include strengthening risk-based regulation, facilitating innovation and enhancing alignment with international standards.
The DFSA will also continue to adapt its regulatory framework for transparency in emerging areas such as artificial intelligence and fintech, and will focus on combating financial crime and strengthening cyber resilience.
Finally, the DFSA is committed to investing in its talent and culture, and will introduce programs to attract and nurture talent, particularly Emirati professionals.
amacnews.com/vdcc.4qia2bqmiy-82.html
Source : news agency wam
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