Assetize's trust entity has been registered by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998. The setup allows UAE-regulated virtual asset service providers to administer and issue tokenised real-world assets through Jersey structures supported by Assetize's Dubai International Financial Centre technology arm. Jersey currently accounts for 27.4% of the global tokenised equities market by value as of September 2026.
The Dubai Financial Services Authority has fined Moody's Middle East Limited $586,000 over data protection and information handling contraventions. The enforcement action follows an official investigation into operational and governance failures within the Dubai International Financial Centre. DFSA officials reiterated that licensed entities must adhere strictly to risk control and compliance standards.
South Africa's third-biggest lender, Absa Group, has opened a new office in Dubai to tap expanding trade and investment between the Gulf and Africa. Operating under a Category 4 license from the Dubai Financial Services Authority, the branch joins Absa's global network, which includes a non-banking unit established in China in 2024. The move supports cross-border investment advisory and credit arrangement amid surging bilateral commercial flows.
The Dubai Financial Services Authority has fined former financial executive Gary Joseph Peters $210,000 for providing false and misleading information. Peters was also banned from working in or conducting financial services within the Dubai International Financial Centre.
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