The Crowdfunding regulatory framework was launched in the Dubai International Financial Centre (DIFC) by the Dubai Financial Services Authority (DFSA) in 2019. During the course of 2023, the DFSA carried out a thematic review on Financial Promotions made by Crowdfunding Platform (CF) Operators. The objective of this exercise was to assess whether CF Operators are adhering to the Financial Promotions Rules, by communicating to clients in a clear, fair, and non-misleading manner. Upon conclusion of the thematic review, the DFSA made several key observations. Our top 8 key takeaways of these are set out below:
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