DIFC Corporate Brochure - Opus Private

DFSAGlobally-benchmarked legal and regulatory frameworkAt the heart of the DIFC concept is an independent regulator, the DubaiFinancial Services Authority (DFSA), which grants licenses and regulatesthe activities of financial institutions in DIFC.Staffed by experts with experience of working at leading regulatoryagencies around the world, the Dubai Financial Services Authority (DFSA)has set uncompromisingly high standards in creating a regulatory andlegal framework built on global best practices. DFSA has been createdusing principle-based primary legislation modelled closely on that usedin London and New York.The DFSA is committed to the success of the DIFC concept throughclear and effective regulations that encourage a strongly competitiveenvironment. They are written in English and benefit from extensiveconsultations with leading financial institutions and their professionaladvisors. They are easy to apply, but extremely difficult to abuse.Firms wishing to join DIFC need to be authorised by the DFSA, whichrequires a demonstration of fitness and propriety. For more information,log on to www.dfsa.ae