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DFSA reports a 31% surge in authorised firms in 2024

The also DFSA approved 946 individuals and registered 17 Designated Non-Financial Business or Professional (DNFBP) corporate services providers.

DFSA
Credit: DFSA

The Dubai Financial Services Authority (DFSA) reported a 31% rise in authorised firms for 2024, adding 135 new entities and bringing the total to over 900 regulated firms.

In addition to firm authorisations, the DFSA approved 946 individuals and registered 17 Designated Non-Financial Business or Professional (DNFBP) corporate services providers, including accountancy firms, legal practices, and compliance consultancies.

Throughout 2024, the DFSA conducted 23 outreach sessions and four roundtables, engaging with the regulated community and industry stakeholders to reinforce its mission of fostering a dynamic and secure financial market.

The DFSA continues to focus on transparency, engagement, and talent development, particularly by nurturing Emirati professionals through specialised initiatives aimed at equipping them with skills essential for financial regulation.