WAM
13 May 2025, 18:50 GMT+10
DUBAI, 13th May, 2025 (WAM) -- The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), hosted its inaugural high-level Regulatory College at the heart of the Dubai FinTech Summit 2025.
The closed-door session titled "Innovation with integrity: Advancing Cybersecurity and AI oversight through international dialogue" brought together more than 30 regulators from 18 Authorities from the UAE, the wider GCC region, and international jurisdictions to discuss pressing issues related to cybersecurity and artificial intelligence (AI).
The DFSA Regulatory College marked a full day of engagements focused on knowledge-sharing, supervisory alignment, and proactive dialogue amongst regulators. Participants explored the emerging challenges and opportunities posed by advanced technologies such as post-quantum cryptography, and agentic AI, with a particular focus on how regulatory frameworks can evolve to safeguard financial stability and protect investors in a fast-changing digital landscape.
Justin Baldacchino, Managing Director, Supervision, DFSA, who opened the DFSA Regulatory College, said, "Technology is transforming financial services at an unprecedented pace, and it is vital that regulators keep pace - not in isolation, but together. The DFSA is proud to lead this global conversation, bringing together regulators from multiple jurisdictions across the United Arab Emirates, GCC, and international jurisdictions to discuss and share learnings on cybersecurity and AI oversight, seize opportunities, and shape the collective vision for the future of finance."
The DFSA's Regulatory College builds on its broader efforts to support responsible innovation through initiatives such as its Innovation Testing Licence, now expanded to include tokenisation, and its active participation in international forums including the Global Financial Innovation Network and the International Organisation of Securities Commissions' (IOSCO) FinTech Taskforce Working Groups on AI and crypto assets. These efforts align with Dubai and the United Arab Emirates' strategic ambition to be a leading global centre for innovation, while ensuring that the market is grounded in regulatory integrity and risk awareness.
The DFSA's broad-based participation at the Dubai FinTech Summit 2025 highlights its role as a catalyst for responsible innovation, regulatory integrity, and international cooperation - and reflects its continued commitment to supporting Dubai and the United Arab Emirates' position as a global fintech hub, while ensuring the stability, integrity, and resilience of the DIFC's financial ecosystem.
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