It looks like this was the result of either:
A mistyped address
A broken link on our site
A broken link on a search engine results page
A broken link on someone else s page
Some things to try:
Use the navigation menu at the top Most Read
New ADGM regulations for third-party tech services Filed on April 1, 2021
The TPPs will be able to work alongside financial institutions in a secure and efficient manner that facilitates customer transactions.
The new framework will allow and support the improved and holistic management of personal finances by focusing the new regulated activity for third party providers.
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a new regulatory framework for the authorisation and supervision of financial technology firms providing third-party services to customers of financial institutions.
The new framework will allow and support the improved and holistic management of personal finances by focusing the new regulated activity for third party providers (TPPs) on the accessing, processing and transferring of specific types of customer data, with appropriate regulatory requirements for TPPs in the areas of data protection and pri
The new framework will ensure the financial companies and customers interests are protected as it requires TPPs to take appropriate care of the data, he said.
Globally, lenders have embraced open banking to revolutionise the traditional banking model and boost bottom lines as the pandemic led to record low interest rates and slower loan growth.
However, privacy concerns persist as open banking allows lenders to share customer data, such as transaction history and spending patterns, with regulated third-party providers after obtaining the account holder’s consent.
Prior to the coronavirus outbreak, 88 per cent of UAE banks expected to enable open banking in the next 12 months, according to a survey conducted by FinTech firm Finastra in January last year.
2021 Venture Capital Guide - UAE | World Law Group jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa
March 16, 2021 GMT
NEW YORK (BUSINESS WIRE) Mar 16, 2021
Abu Dhabi Global Market (ADGM), the award-winning international financial center (IFC), is excited to announce its partnership with OCO Global, a global trade and investment advisory firm with offices in New York and California, to provide in-market support to American businesses looking to access the Middle East and North Africa (MENA) market.
ADGM is a broad-based financial center located in the capital of the UAE, Abu Dhabi, that caters to a wide spectrum of industry sectors and company sizes, from startups to global institutions across the banking, asset management and capital markets industries. ADGM launched the first regulatory sandbox in the MENA region, the Digital Lab, and is home to more th