Wahed Invest Limited (Wahed), the UAE robo-advisory subsidiary of Wahed Inc., a global Shariah-compliant fintech that aims to advance financial inclusion through accessible, affordable and value-based investing, has launched after having been granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). Wahed will become the UAE's first dedicated Islamic digital investment management platform.
The Office of the Comptroller of the Currency's first chief financial technology officer is no longer in place amid revelations that his CV was riddled with falsehoods, including about his former employment at major banks, according to reports.
Abu Dhabi Financial Markets Authority (ADGM), the international financial centre in the capital of the United Arab Emirates, and eToro, the global trading and investing platform, are pleased to announce today that eToro has received approval for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority of ADGM to operate as a broker for securities, derivatives, and cryptoassets in the United Arab Emirates.
The EU is contemplating the need to widen scope of cybersecurity regulation to impact Big Tech, banks, and airlines as more companies move to the cloud to drive innovation.
