Fintech Bank
Fintech Bank
Strategic Regulatory Mapping for Digital Bank Expansion
Strategic Regulatory Mapping for Digital Bank Expansion
Problem
Problem
A fintech start-up sought to launch a digital bank in the UAE for both B2C and B2B clients. The project required structuring ownership, defining financial permissions, securing regulatory endorsements, and identifying the best jurisdiction through in-depth compliance analysis.
A fintech start-up sought to launch a digital bank in the UAE for both B2C and B2B clients. The project required structuring ownership, defining financial permissions, securing regulatory endorsements, and identifying the best jurisdiction through in-depth compliance analysis.
Goal
To build a future-ready digital bank in the UAE, the client needed expert support to choose the right jurisdiction, obtain financial licences, and establish a robust, compliant infrastructure for both retail and institutional clients.
Solution
Solution
We delivered an end-to-end strategic regulatory solution by conducting a comparative analysis of ADGM FSRA, DIFC DFSA, and CBUAE regulations, ultimately identifying the most suitable jurisdiction due to its flexibility, innovation-friendly ecosystem and licensing fit.
Phase 1
Research & Compliance Assessment
Research & Compliance Assessment
Research & Compliance Assessment
We conducted a comprehensive evaluation of licensing requirements across ADGM FSRA, DIFC DFSA, and CBUAE, ensuring alignment with the client’s business objectives.
Our team identified the optimal regulatory framework, pinpointing necessary permissions for key financial services, including deposit-taking, lending, payments, and asset management.
Phase 2
Regulatory Strategy Development
Regulatory Strategy Development
Regulatory Strategy Development
Building on our initial assessment, we developed a customized compliance strategy designed to streamline the licensing process and ensure long-term regulatory adherence.
Our experts crafted a detailed roadmap, addressing AML/CFT obligations, consumer protection measures, and cross-border operational considerations.
Building on our initial assessment, we developed a customized compliance strategy designed to streamline the licensing process and ensure long-term regulatory adherence.
Our experts crafted a detailed roadmap, addressing AML/CFT obligations, consumer protection measures, and cross-border operational considerations.
Phase 3
Implementation & Approval
Implementation & Approval
Implementation & Approval
With a solid compliance framework in place, we guided the client through the final stages of licensing and regulatory approval.
Our team facilitated direct engagement with key regulatory bodies, ensuring a smooth submission process and addressing any compliance concerns proactively.
With a solid compliance framework in place, we guided the client through the final stages of licensing and regulatory approval.
Our team facilitated direct engagement with key regulatory bodies, ensuring a smooth submission process and addressing any compliance concerns proactively.
Result
Regulatory Milestones Reached, Strategic Goals Secured
Implementation & Approval
Regulatory Milestones Reached, Strategic Goals Secured
We delivered an ownership framework that ensured both scalability and regulatory alignment, identifying ADGM FSRA as the most suitable jurisdiction. Additionally, we developed a comprehensive regulatory roadmap outlining the necessary permissions and endorsements required for compliance and operational success.
We delivered an ownership framework that ensured both scalability and regulatory alignment, identifying ADGM FSRA as the most suitable jurisdiction. Additionally, we developed a comprehensive regulatory roadmap outlining the necessary permissions and endorsements required for compliance and operational success.
We delivered an ownership framework that ensured both scalability and regulatory alignment, identifying ADGM FSRA as the most suitable jurisdiction. Additionally, we developed a comprehensive regulatory roadmap outlining the necessary permissions and endorsements required for compliance and operational success.
Phase 1
Research & Compliance Assessment
We conducted a comprehensive evaluation of licensing requirements across ADGM FSRA, DIFC DFSA, and CBUAE, ensuring alignment with the client’s business objectives.
Our team identified the optimal regulatory framework, pinpointing necessary permissions for key financial services, including deposit-taking, lending, payments, and asset management.
Phase 2
Regulatory Strategy Development
Building on our initial assessment, we developed a customized compliance strategy designed to streamline the licensing process and ensure long-term regulatory adherence.
Our experts crafted a detailed roadmap, addressing AML/CFT obligations, consumer protection measures, and cross-border operational considerations.
Phase 3
Implementation & Approval
With a solid compliance framework in place, we guided the client through the final stages of licensing and regulatory approval.
Our team facilitated direct engagement with key regulatory bodies, ensuring a smooth submission process and addressing any compliance concerns proactively.
Result
Regulatory Milestones Reached, Strategic Goals Secured
We delivered an ownership framework that ensured both scalability and regulatory alignment, identifying ADGM FSRA as the most suitable jurisdiction. Additionally, we developed a comprehensive regulatory roadmap outlining the necessary permissions and endorsements required for compliance and operational success.
