UAE, 28 February, 2025 : The Dubai Financial Services Authority (DFSA) recorded a 31% increase in authorised firms in 2024, adding 135 new entities and bringing the total to over 900 regulated firms within the Dubai International Financial Centre (DIFC). The surge reflects DFSA’s commitment to strengthening the financial services sector, upholding regulatory standards, and fostering a dynamic financial ecosystem.
Additionally, DFSA authorised 946 individuals and registered 17 DNFBP corporate service providers, including accountancy firms, legal practices, and compliance consultancies, underscoring trust in its regulatory framework. Throughout the year, DFSA hosted 23 outreach sessions and four roundtables to engage industry stakeholders and provide regulatory guidance.
Fadel Al Ali, Chairman of DFSA, highlighted the regulator’s role in supporting both new entrants and established firms, contributing to the DIFC’s growth and Dubai’s economic prosperity. He also emphasized DFSA’s focus on developing Emirati talent, ensuring a future-ready financial workforce.
The DFSA remains committed to transparency, innovation, and sustainability, reinforcing DIFC’s position as a leading international financial hub.
Source : www.wam.aeRelated Posts
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