Regulatory Updates

FATF Grey List Updates Pdf By Limitless Consulting

FATF Grey List Updates

Please note the critical updates regarding high-risk jurisdictions specifically those identified under FATF’s “Grey List” (Increased Monitoring) and “Call for Action” (Blacklist) classifications. These updates bring essential compliance obligations for financial institutions (FIs), designated non-financial businesses
and professions (DNFBPs), virtual asset service providers (VASPs) and non-profit organizations (NPOs).

Compliance Responsibilities for Investment Funds and Managers PDF by Limitless Consulting

Compliance Responsibilities for Investment Funds and Managers

UAE has set up separate reporting frameworks under FATCA and CRS, both aimed at preventing tax abuse through foreign accounts and structures. FATCA requires non-US Financial Institutions to report information on US account holders, while CRS covers account holders who are tax residents outside of UAE and US.

Cyber Risk Survey Results

Cyber Risk Survey Results

FSRA carried out a Cyber Risk Review in Q3 of 2025 and issued findings summary via a notification. This document is aimed to present a summary of the results in relation to the observed gaps and supervisory expectations to strengthen cyber resilience.

DFSA Notice of Amendments to Legislation

DFSA Notice of Amendments to Legislation

The amendments mainly update terminology, legal references, and customer due diligence (CDD) requirements to align with the UAE’s updated Federal AML Law No. 10 of 2025 & Cabinet Resolution 134 of 2025.

Virtual Assets Service Provider (VASP) –Travel Rule Updates

Virtual Assets Service Provider (VASP) – Travel Rule Updates

This document provides a comprehensive and detailed summary of the UAE Virtual Assets Travel Rule, issued under Cabinet Decision No. 134/2025. The purpose of this summary is to support Virtual Asset Service Providers (VASPs) in understanding and ensuring timely compliance with all regulatory notice requirements.

Compliance Responsibilities for Investment

FSRA Cyber Risk Survey

FSRA carried out a Cyber Risk Review in Q3 of 2025 and issued findings summary via a notification. This document is aimed to present a summary of the results in relation to the observed gaps and supervisory expectations to strengthen cyber resilience.

DFSA Thematic Review

DFSA Thematic Review

The DFSA has released its 2025 Thematic Review on MLRO Continuing Professional Development (CPD), outlining key findings, gaps and expectations for Firms and MLROs.

DFSA High-Growth Firms

DFSA High-Growth Firms

The team used a combination of desk-based analysis and onsite visits and calls to selected DFSA Authorized Firms (Firms).

FATF Update Oct 2025

FATF Update Oct 2025

Please note the critical updates regarding high-risk jurisdictions specifically those identified under FATF’s “Grey List” (Increased Monitoring) and “Call for Action” (Blacklist) classifications.

New Federal Decree by Law No. (10) of 2025

New Federal Decree by Law No. (10) of 2025

The New UAE AML/CFT Law, i.e. Federal Decree Law No. 10 of 2025, replaces the old AML Law of 2018, introducing stronger enforcement powers, higher penalties, and new criminal categories.

CRS 2.0 Implementation Announcement – UAE

CRS 2.0 Implementation Announcement – UAE

The UAE joins other jurisdictions in adoptingCRS 2.0, which expands the scope and improves the quality of financial account information.

DFSA GEN Rulebook Update April 2024

DFSA GEN Rulebook Update April 2024

DFSA has issued updates to General Rulebook (GEN) and has clarified Fixed Penalties.

FSRA Thematic Review – Client Money

FSRA Thematic Review – Client Money

Financial Services Regulatory Authority (FSRA) via their letter dated 01st May 2024 issued updates pertaining to the Thematic Review on Client Money Controls.

DFSA Thematic Review – Complaints Handling

DFSA Thematic Review – Complaints Handling

The Dubai Financial Services Authority (DFSA) conducted a thematic review during 2023-2024 to assess the processes of complaints handling among Authorized Firms (AFs).

FATCA & CRS Portal is Now Open

FATCA & CRS Portal is Now Open

Data Submission and Risk Assessment Questionnaire in the FATCA/CRS System (“System”) for the Calendar Year 2023 (“CY2023”) is now open.

DFSA Financial Promotion – Thematic Review

DFSA Financial Promotion – Thematic Review

Dubai Financial Services Authority (DFSA) via their letter dated 11 June 2024 issued updates pertaining to the Thematic Review on Firm Disclosures.

DFSA-Risk-Assessment-Update-–-Brokerage

DFSA Risk Assessment Update – Brokerage

In 2023, the Dubai Financial Services Authority (DFSA) conducted risk assessments on brokerage business models, focusing on compliance with regulatory obligations.

DFSA-Cyber-Thematic-Review-2024

DFSA Cyber Thematic Review 2024

The 2024 Cyber Thematic Review conducted by the Dubai Financial Services Authority (DFSA) assesses the cyber risk management maturity of firms within the Dubai International Financial Centre (DIFC).

FATCA & CRS Self Certification Forms Guidance

FATCA & CRS Self Certification Forms Guidance

Guidance notes was issued for the Reporting Financial Institutions (RFIs) in the Abu Dhabi Global
Market

Employment Regulations

Employment Regulations

Regulations to provide for minimum employment standards for Employees, promote a fair balance of rights and obligations between Employees and Employers

ADGM Employment Regulations 2024 Summary

ADGM Employment Regulations 2024 Summary

The Registration Authority (RA) of the international financial center of Abu Dhabi.