pc
nid 93894
Jul 14, 2026
ggallwey@vixio.com
Dubai
Dubai Financial Services Authority
financial services
126% of draft length
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1631 charsDubai Financial Services Authority Releases Consultation Paper on Miscellaneous Changes
On July 9, 2026, the Dubai Financial Services Authority (DFSA) released Consultation Paper No. 174 (CP 174) for public consultation. The consultation paper addresses miscellaneous changes to the DFSA's regulatory framework.
The DFSA invites stakeholders, including financial services firms, market participants, and other interested parties, to submit comments on the proposed miscellaneous changes outlined in CP 174. These changes may encompass various aspects of the DFSA's rulebook and regulatory guidance across its supervisory remit, which includes anti-money laundering and counter-terrorism financing (AML/CTF) compliance, financial crime prevention, markets supervision, insurance supervision, sustainable finance, and operational and technology risk supervision. The consultation seeks to gather feedback from the regulated community and other stakeholders to ensure that any regulatory amendments reflect market needs and international best practices.
The comment period for CP 174 closes on August 24, 2026. Stakeholders can access the consultation paper on the DFSA website and submit their responses through the designated consultation portal. Following the consultation period, the DFSA will review all feedback received and publish a policy statement outlining its response to comments and any final regulatory amendments. This process allows the DFSA to refine its regulatory approach based on industry input before implementing any changes to its regulatory framework.
**Reference:**
Dubai Financial Services Authority. (July 9, 2026). Notice of Consultation Paper Release: CP 174. Retrieved from DFSA website.
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2060 charsDubai Financial Services Authority Releases Consultation Paper No.174 on Rulebook Changes for Crypto and Credit Ratings
On July 9, 2026, the Dubai Financial Services Authority (DFSA) published Consultation Paper No. 174 proposing miscellaneous amendments to its regulatory framework covering crypto and investment token definitions, credit rating agencies (CRAs) and prudential regulatory reporting. The proposals are intended to improve regulatory clarity, align the DFSA Rulebook with international standards, and ensure reporting requirements reflect recent prudential reforms.
The consultation proposes amending the definition of a Fiat Crypto Token so that only tokens backed exclusively by the same fiat currency, or financial assets denominated in that currency, qualify as Fiat Crypto Tokens. It also proposes refining the definitions of Privacy Token and Privacy Device to ensure prohibitions apply only where anonymity features create heightened financial crime risks, while narrowing the definition of Investment Token to improve legal certainty and avoid unintended regulatory gaps for tokenised securities and derivatives.
The DFSA also proposes targeted amendments to the CRA regime by narrowing employee conflict-of-interest restrictions to relationships that may reasonably give rise to actual or perceived conflicts, while removing certain disclosure requirements relating to fees and charges and the public availability of information used in credit ratings for structured financial products. The regulator considers these requirements broader than necessary and inconsistent with current international standards and IOSCO guidance .
Finally, the consultation proposes updating prudential regulatory reporting requirements to reflect changes introduced through previous consultations on prudential standards, enabling the DFSA to collect additional supervisory data and monitor firms' ongoing compliance with the Rulebook . The regulator intends to test the revised reporting forms with industry before implementation.
Stakeholders wishing to comment on the proposals must submit their responses via the DFSA's online consultation process by August 24, 2026.