How to Set Up a Fintech Business in the UAE – Part 1: Onshore Financial Service Regulation and Licensing

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UAE-based fintech companies should understand the applicable onshore regulations — many of which are new and largely untested — when providing specific services.

Key Points:

..UAE fintech companies need sophisticated legal and regulatory guidance as they continue to drive the MENA region’s increased activity in the sector.

..Part 1 of this three-part Client Alert series highlights the onshore regulations that fintech companies face when providing digital banking, digital money exchange, digital payments, cryptocurrency, crowdfunding or robo-advisory services in the UAE.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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