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Dubai Financial Services Authority signs key FinTech cooperation agreements with Hong Kong authorities

Source: LEXOLOGY

 

On 7 December 2017 the Dubai Financial Services Authority (DFSA), the financial services regulator for the Dubai International Financial Centre financial free zone in Dubai signed two separate bilateral cooperation agreements with the Hong Kong Insurance Authority (IA) and the Hong Kong Monetary Authority (HKMA) aimed at enhancing collaboration in the area of financial technology (FinTech) innovation. The DFSA has now signed FinTech cooperation agreements with all three key financial services regulators in Hong Kong, having previously signed an agreement with the Hong Kong Securities and Futures Commission (SFC) in August.

 

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