Business | Banking
New DFSA policy creates single point of reference for license notification
The Dubai Financial Services Authority (DFSA) announced that it will no longer issue public announcements regarding licenses granted to, or withdrawn from, Authorised Firms, Ancillary Service Providers and Registered Auditors, operating in the Dubai International Financial Centre (DIFC).
Dubai: The Dubai Financial Services Authority (DFSA) announced that it will no longer issue public announcements regarding licenses granted to, or withdrawn from, Authorised Firms, Ancillary Service Providers and Registered Auditors, operating in the Dubai International Financial Centre (DIFC).
DFSA's Chief Executive Paul Koster said: "The DFSA has amended this policy so as to bring the DFSA more closely in line with the usual means employed by international regulators to provide that sort of information."
Accordingly, the DFSA's Public Register on www.dfsa.ae will, from now on, be the single point of reference in this regard, Koster said.
More from Banking
More from Business
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery


