Latest Blog Posts

The Dubai Financial Services Authority (DFSA) has proposed significant revisions to the appointment, supervision, and regulation of key roles within Authorised Firms. Under the new framework, Compliance Officers, Finance Officers, and Senior Managers will no longer be "Licensed Functions" requiring DFSA approval. Instead, they will become "Designated Functions," with firms

DIFC and Lloyd’s Collaboration Signals Growth Prospects for UAE Insurance Sector The Dubai International Financial Centre (DIFC) Academy and Lloyd’s Academy recently announced an expanded partnership, underscoring the growing importance of the insurance and reinsurance market in the Middle East—and revealing fresh opportunities for businesses seeking a foothold in one

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

Thistle Initiatives and Clarity Consulting Solutions recently partnered to conduct an insightful webinar. This virtual event delved into a comparative analysis of the regulatory landscapes of the Financial Conduct Authority (FCA) in the UK and the Dubai Financial Services Authority (DFSA) in the UAE. The primary goal was to aid firms aspiring to expand internationally by providing

As a result of the ongoing progress of human civilisation over thousands of years, the world is grappling with a declining stability of the earth’s climate. We are witnessing the tangible effects of a shifting climate on a global scale, and practical action is needed to change the current trajectory,

The United Arab Emirates (UAE) is comprised of multiple distinct legal jurisdictions, each with its own legal framework. These include laws governing freezones, as well as Emirate Law and Federal Law. Several freezones exist throughout the UAE, with some relying on Federal Laws as opposed to maintaining their own distinct

Clarity Consulting Solutions is proud to announce its participation in the heartwarming "Cool Bottle Delivery" initiative, designed to cater to the needs of delivery drivers who tirelessly serve the community during the hot summer months in Dubai. (more…)

The Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM) are two of the leading financial free zones in the UAE. Each jurisdiction offers a wide range of opportunities for companies looking to operate in the region, including as an Authorised Financial Services Firm. The DIFC and

The Dubai Financial Services Authority (DFSA) is conducting a sectoral review of Authorised Firms licensed to provide the regulated Financial Service activity of Operating a Representative Office (Rep Office). (more…)

The Financial Action Task Force (FATF) is an intergovernmental organisation established in 1989 that monitors global money laundering and terrorist financing trends. FATF collaborates with its member states and regional organisations to develop a legal, regulatory, and operational framework for combating these threats. (more…)