{"id":70647,"date":"2026-06-25T13:40:29","date_gmt":"2026-06-25T09:40:29","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=70647"},"modified":"2026-06-25T13:40:29","modified_gmt":"2026-06-25T09:40:29","slug":"the-dfsa-records-third-consecutive-year-of-double-digit-registration-growth","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/the-dfsa-records-third-consecutive-year-of-double-digit-registration-growth\/","title":{"rendered":"The DFSA Records Third Consecutive Year Of Double-Digit Registration Growth"},"content":{"rendered":"<p>The <a href=\"https:\/\/dubaiverse.io\/\" target=\"_blank\" rel=\"noopener\">Dubai<\/a> Financial Services Authority (DFSA), the\u00a0independent banking, financial services, and markets\u00a0regulator of Dubai International Financial Centre (DIFC),\u00a0today published\u00a0its\u00a0<strong>2025\u00a0Annual Report:\u00a0<i>Shaping the Financial Markets of the Future<\/i>.<\/strong>\u00a02025 marked a third consecutive year of double-digit growth across DIFC\u2019s financial ecosystem: the DFSA licensed and registered 182 new firms \u2013 a 16% increase on 2024 \u2013 bringing the total number of regulated entities to 1,050, spanning banking, capital markets, wealth and asset management, insurance, and fintech.\u00a0Since the close of the reporting period\u00a0on 31 December 2025, Dubai has advanced to seventh place globally in the Global Financial Centres Index (39)1\u00a0published\u00a0in March 2026 its highest-ever ranking\u00a0reflecting the sustained international confidence in the Emirate\u2019s economic strength, regulatory environment,\u00a0and long-term strategy.<strong>\u00a0\u00a0\u00a0<\/strong><\/p>\n<p>The\u00a0report\u00a0comes amid continued momentum\u00a0within\u00a0DIFC\u00a0and\u00a0Dubai\u2019s financial sector:\u00a0building on\u00a0DIFC\u2019s\u00a0position\u00a0as the leading international financial centre across\u00a0the\u00a0Middle East,\u00a0Africa, and South Asia\u00a0(MEASA)\u00a0region,\u00a0Dubai\u00a0continues to\u00a0advance its ambition of becoming a global top four hub for finance, investment, and innovation by 2033 under the Dubai Economic Agenda (D33) and DIFC 2030 Strategy.\u00a0\u00a0<strong>\u00a0<\/strong><\/p>\n<p><strong>Fadel\u00a0Al Ali, Chairman, DFSA\u00a0said:\u00a0<\/strong>\u201c<i>The Dubai Financial Services Authority (DFSA) continues to support\u00a0the rapid growth of\u00a0Dubai\u00a0International\u00a0Financial\u00a0Centre\u00a0(DIFC), in line with the Dubai Economic Agenda (D33) and DIFC 2030 strategies, which seek to position the Emirate as a global top four hub for finance, investment, and innovation by 2033.\u00a0<\/i><\/p>\n<p><i>In\u00a02025, we\u00a0welcomed 182 regulated entities into our\u00a0jurisdiction, bringing the total number to 1,050\u00a0\u2013 our third consecutive year of double-digit growth. Today, this dynamic and thriving ecosystem includes\u00a0the vast majority of\u00a0global systemically important banks (G-SIBs), as well as an extensive network of wealth and asset managers, capital markets\u00a0firms, banks, insurers, auditors, and professional services firms.\u00a0<\/i><\/p>\n<p><i>The recent Global Financial Centres Index placing Dubai seventh globally \u2013 its highest-ever position \u2013 reflects the strength of what we are building together.\u00a0Our\u00a02025\u00a0Annual Report:<\/i>\u00a0<i>Shaping the Financial Markets of the Future<\/i>,<i>\u00a0reflects\u00a0our shared national vision of developing the United Arab Emirates, Dubai, and\u00a0DIFC\u00a0into the world\u2019s centre of choice for financial services; a place that does not just help to lead the future of the industry, but actively shapes it.\u201d<\/i>\u00a0<strong>\u00a0<\/strong><\/p>\n<p><strong>Mark Steward, Chief Executive, DFSA stated:\u00a0<\/strong><i>\u201cAs outlined within our\u00a0Annual Report: Shaping the Financial Markets of the Future,\u00a02025\u00a0saw a third consecutive year of\u00a0double digit\u00a0growth\u00a0in\u00a0Dubai\u2019s International Financial Centre.\u00a0This signals\u00a0continued\u00a0strong\u00a0confidence in\u00a0DIFC and\u00a0Dubai,\u00a0and a\u00a0broadening and\u00a0deepening of the ecosystem,\u00a0underscored\u00a0by the\u00a0DFSA\u2019s\u00a0risk-based, international\u00a0regulatory environment.\u00a0<\/i><\/p>\n<p><i>This\u00a0momentum\u00a0has continued into 2026 against\u00a0a backdrop of ongoing\u00a0global\u00a0uncertainty.\u00a0In times of uncertainty, investors\u00a0look for\u00a0jurisdictions\u00a0like DIFC\u00a0with\u00a0strong risk-based regulatory frameworks and\u00a0approaches,\u00a0\u00a0institutional\u00a0depth, and long-term strategic credibility. The response\u00a0over the last months,\u00a0from my DFSA colleagues, as well as our stakeholders\u00a0in both the government and from the banking, insurance, and financial sectors, has been outstanding as we continue to lay the groundwork for the future of financial markets.\u201d<\/i>\u00a0<strong>\u00a0<\/strong><\/p>\n<p><strong>Driving\u00a0sustainable,\u00a0scalable,\u00a0and\u00a0high-quality\u00a0growth\u00a0<\/strong><\/p>\n<p>The report outlines\u00a0strong performance\u00a0across the financial services sector, with sustained growth in licensed firms, market participants,\u00a0and financial activity throughout 2025.\u00a0The DFSA\u00a0continued to attract high-quality institutions and foster an environment that supports long-term, sustainable expansion across banking, insurance, capital markets, fintech,\u00a0and wealth\u00a0and asset\u00a0management.<\/p>\n<p>Authorisation\u00a0activity remained robust,\u00a0with\u00a0182\u00a0new firms licenced\u00a0and registered, bringing the total to\u00a01,050\u00a0regulated entities \u2013\u00a0a\u00a016% increase from 2024\u00a0\u2013\u00a0reflecting\u00a0strong\u00a0and sustained demand\u00a0from international and regional firms\u00a0seeking to\u00a0establish\u00a0operations in\u00a0DIFC. The report\u00a0also\u00a0highlights continued diversification across the financial ecosystem and growing\u00a0recognition of\u00a0DIFC\u00a0as a gateway to regional and global markets.\u00a0<strong>\u00a0<\/strong><\/p>\n<p><strong>Key sector highlights:\u00a0\u00a0<\/strong><\/p>\n<ul>\n<li><strong>Capital Markets:\u00a0<\/strong>The\u00a0DFSA\u00a0continued\u00a0its\u00a0efforts to deepen and enhance Dubai\u2019s capital markets ecosystem through regulatory improvements, infrastructure enhancements,\u00a0and initiatives aimed at increasing market participation and investor confidence. During 2025, the\u00a0total value of new debenture listings reached US$ 30.6 billion, bringing outstanding listings to US$ 147.4 billion. DIFC maintained its position as one of the world\u2019s leading\u00a0jurisdictions\u00a0for sukuk, with US$ 107.9 billion in outstanding listings. OTC market saw unprecedented growth on value and volume of transactions with US$ 13 trillion in Q4 2025.<\/li>\n<li><strong>Wealth and Asset Management:\u00a0<\/strong>The sector\u00a0continued to\u00a0represent\u00a0a core\u00a0pillar\u00a0of\u00a0the DIFC ecosystem, both in scale and depth. The fund management sector expanded to\u00a0121\u00a0Authorised\u00a0Firms, with USD$\u00a0176\u00a0billion\u00a0in assets\u00a0under management\u00a0\u2013\u00a0reflecting\u00a0the UAE\u2019s\u00a0growing\u00a0position as\u00a0a jurisdiction\u00a0of choice for fund structuring and management. More broadly, the sector\u00a0comprises\u00a0over\u00a0320\u00a0Authorised Firms\u00a0with US$\u00a0220\u00a0billion in assets under\u00a0advisory.\u00a0DIFC has become a top five global hub for hedge funds, with\u00a087\u00a0registered in the Centre, including two of the world&#8217;s largest.<strong>\u00a0<\/strong><strong>\u00a0<\/strong><\/li>\n<li><strong>Banking:\u00a0<\/strong>Driven by disciplined growth and client confidence,\u00a0the\u00a0consolidated\u00a0balance sheet of DIFC banks reached US$\u00a0251 billion as at Q4 2025, a 19% year-on-year increase and a 195% increase from year-end 2015.\u00a0Private banking continued to expand, with\u00a0assets under\u00a0advisory reaching US$\u00a0103.8 billion,\u00a0representing\u00a023%\u00a0year-on-year growth,\u00a0and a client base of over 14,000\u00a0\u2013\u00a0further reinforcing DIFC\u2019s position as a leading centre for wealth activity.\u00a0<strong>\u00a0<\/strong><\/li>\n<li><strong>Insurance:\u00a0<\/strong>The\u00a0sector\u00a0demonstrated\u00a0continued\u00a0strong growth,\u00a0with a 15%\u00a0increase in insurance-related entities, reinforcing DIFC\u2019s position as a\u00a0leading\u00a0regional hub. As of 31 December 2025,\u00a0the aggregate amount of\u00a0gross\u00a0written\u00a0premium reached a record high\u00a0of\u00a0US$\u00a04.24 billion by reinsurers and reinsurance underwriters and US$\u00a03.38 billion by insurance brokers, reflecting increased capacity, product offerings,\u00a0and market participation.\u00a0<strong>\u00a0<\/strong><\/li>\n<li><strong>Enforcement and Market Integrity:\u00a0<\/strong>The\u00a0DFSA\u00a0maintained a proactive supervisory and enforcement approach throughout 2025, reinforcing accountability, transparency,\u00a0and compliance across the financial sector.\u00a0The Enforcement team\u00a0progressed\u00a017\u00a0matters\u00a0at\u00a0the investigative stage\u00a0\u2013\u00a0nine complex and eight standard\u00a0\u2013\u00a0concluding\u00a0seven\u00a0by year-end.\u00a0The DFSA received 322 complaints\u00a0regarding\u00a0firms or individuals within its\u00a0jurisdiction, resolving 81% within 28 days, and issued 49 consumer alerts \u2013 a 69% increase on 2024 \u2013 reflecting heightened vigilance against\u00a0scams\u00a0and unauthorised activity targeting the DIFC market.\u00a0<strong>\u00a0<\/strong><\/li>\n<\/ul>\n<p><strong>Shaping\u00a0policy\u00a0through\u00a0strategic\u00a0collaboration\u00a0<\/strong><\/p>\n<p>A key theme of the 2025 Annual Report is the importance of collaboration in shaping the future regulatory environment. Throughout the year,\u00a0the DFSA\u00a0worked closely with government entities, international standard-setting bodies, financial institutions,\u00a0and industry stakeholders to strengthen policy frameworks and support market development.<\/p>\n<p>The\u00a0Authority expanded its international engagement through strategic partnerships, regulatory dialogues,\u00a0and memoranda of understanding\u00a0(MoUs)\u00a0with peer regulators and global organisations, reinforcing\u00a0DIFC\u2019s\u00a0role as an active contributor to the evolution of international financial regulation and best practice.\u00a0By year-end 2025, the DFSA\u00a0was\u00a0a signatory to\u00a0120\u00a0MoUs,\u00a0five\u00a0multilateral\u00a0MoUs, and\u00a0eight\u00a0innovation agreements \u2013\u00a0facilitating\u00a0regulatory cooperation and collaboration\u00a0across\u00a0jurisdictions.<\/p>\n<p><strong>Innovating\u00a0responsibly and\u00a0managing\u00a0risk\u00a0<\/strong><\/p>\n<p>As innovation accelerates across global finance,\u00a0the DFSA\u00a0continued\u00a0its\u00a0efforts to balance technological advancement with effective risk management and regulatory oversight.<\/p>\n<p>During 2025, the\u00a0Authority introduced and enhanced frameworks covering digital finance,\u00a0digital\u00a0assets, sustainable finance,\u00a0and technology-enabled financial services, whilst\u00a0strengthening supervisory capabilities designed to safeguard market integrity and investor confidence. The DFSA\u2019s Tokenisation Regulatory Sandbox \u2013 launched in March 2025 \u2013 attracted 96 expressions of interest from firms across six\u00a0jurisdictions,\u00a0demonstrating\u00a0strong global appetite for DIFC\u2019s regulated innovation pathway. The DFSA\u2019s annual artificial intelligence (AI) survey revealed that 52% of DIFC firms actively used AI in 2025, up from 33% in 2024, with generative AI adoption increasing 166% year-on-year \u2013 underlining the pace of technological change across the financial sector and the importance of proportionate, risk-based regulatory oversight.<\/p>\n<p><strong>Driving\u00a0operational\u00a0excellence\u00a0<\/strong><\/p>\n<p>The\u00a0DFSA\u2019s\u00a0commitment to operational excellence\u00a0was reflected\u00a0throughout 2025 in\u00a0continued investment in regulatory efficiency, digital transformation,\u00a0and organisational capability.\u00a0With the launch of DFSA Connect \u2013 a next-generation online platform for authorisation and approvals processes \u2013 the DFSA saw a 25% increase in authorisation applications whilst\u00a0maintaining\u00a0service quality and regulatory rigour.<\/p>\n<p>As Dubai continues its rise toward being a top four global financial centre by 2033, the DFSA\u2019s 2025 Annual Report reflects\u00a0a more\u00a0modern and forward-looking vision aligned with the evolving financial landscape,\u00a0highlighting\u00a0the Authority\u2019s role in enabling sustainable, scalable,\u00a0and high-quality growth across\u00a0DIFC\u2019s\u00a0financial ecosystem while reinforcing market integrity, resilience,\u00a0and innovation.\u00a0<strong>\u00a0<\/strong><\/p>\n<p>The full\u00a0DFSA\u00a0Annual Report\u00a02025:\u00a0<i>Shaping the Financial Markets of the Future<\/i>\u00a0is available\u00a0in English and Arabic\u00a0at:\u00a0<a href=\"https:\/\/url.uk.m.mimecastprotect.com\/s\/qZ44CE0XvhwlnKwKUwhlc7Wyru?domain=dfsa.ae\/\" target=\"_blank\" rel=\"noopener\">www.dfsa.ae<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dubai Financial Services Authority (DFSA), the\u00a0independent banking, financial services, and markets\u00a0regulator of Dubai International Financial Centre (DIFC),\u00a0today published\u00a0its\u00a02025\u00a0Annual Report:\u00a0Shaping the Financial Markets of the Future.\u00a02025 marked a third consecutive year of double-digit growth across DIFC\u2019s financial ecosystem: the DFSA licensed and registered 182 new firms \u2013 a 16% increase on 2024 \u2013 bringing the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70697,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-70647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/70647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=70647"}],"version-history":[{"count":2,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/70647\/revisions"}],"predecessor-version":[{"id":70699,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/70647\/revisions\/70699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/70697"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=70647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=70647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=70647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}