The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has invited public feedback and comments for its proposed FRSA Regulatory Laboratory (RegLab). The RegLab will provide a controlled environment to allow the development and testing of innovative fintech solutions and it will be the first of its kind in the Middle East and North Africa region. FRSA is seeking feedback on introducing a new regulated activity that specifically caters for participants who wish to engage in developing financial technology within the RegLab. A participant that carries on such a regulated activity will need to apply for a Financial Services Permission.
