Regulation reporting from UAE, kept inside Arabian Current's focused launch coverage rather than treated as a general-interest news feed.
UAEThe DFSA has fined Vault Wealth Limited USD109,200 for providing financial services from DIFC without DFSA authorisation. Vault Wealth is genuinely regulated in ADGM, making the case a useful reminder that a financial licence in one UAE financial free zone does not automatically travel into another.
UAEDMCC has formally established a new legal framework for long-term asset holding, succession planning and private wealth structuring. The regulations now exist, but full applicant onboarding is still expected to launch in the coming weeks.
UAEPhonePe has received in-principle approval from the UAE Central Bank for payment licences. The important distinction is that regulatory progress is real, but commercial launch still depends on final authorisation.
iCapital has moved from an Abu Dhabi office and in-principle approval to an ADGM Financial Services Permission. The shift is another sign that private-market technology firms are building regulated Gulf operations rather than serving the region remotely.
The UAE's new SME customer-protection regime is now in force. The bigger change is not another disclosure requirement: it pushes SME protection into product design, fees, account opening, complaints, data governance and board oversight.
