The Financial Services Regulatory Authority of ADGM implemented a comprehensive cyber risk management framework effective January 31, 2026, following extensive industry consultation. This framework establishes mandatory requirements for authorized persons and recognized bodies operating in Abu Dhabi Global Market. For wealth management firms, asset managers, fund managers, and private banking institutions, understanding and implementing these requirements represents a critical compliance priority with significant operational implications.
The Securities and Commodities Authority (SCA), the United Arab Emirates’ regulator overseeing securities, commodities, and financial markets, and the Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), recently announced a Memorandum of Understanding (MoU) aimed at enhancing audit oversight and fostering greater regulatory cooperation between the two organisations.
Zubin Muriya is a seasoned Governance, Risk, and Compliance (GRC) professional with over two decades of cross-jurisdictional experience in banking regulatory compliance, financial crime risk management, corporate governance framework, and audit advisory. His work across India and the GCC (UAE, Qatar, Bahrain) reflects a career rooted in regulatory rigor and operational integrity.
