FSRA — Financial Services Regulatory Authority, Abu Dhabi Global Market

Introduction to FSRA 1. Purpose and role of establishment FSRA is one of the three core regulatory agencies of ADGM. Its mission is to promote a forward-looking, standardized and international-level financial services environment, maintain the market integrity of financial centers, manage potential risks, and provide a fair and stable business environment for entities and investors. It adopts a risk-based regulatory strategy, focuses on high-risk areas, and adjusts regulations at any time to respond to market and technological innovations, such as digital assets and financial technology. 2. Main regulatory functions: Licensing and supervision: issuing "Financial Services Permission (FSP)" licenses to financial services companies (such as banks, investment institutions, insurance, payment and digital asset institutions, etc.), including multiple categories (2/3A/4) and corresponding regulatory requirements. Listed...