Topic map / Regulation, tax and professional advice
Three checks. Passing one does not pass the others.
On 10 April 2025 the ADGM FSRA warned that fraudsters misuse the names and logos of firms it licenses. Only firms authorised by the FSRA may undertake regulated activities in ADGM. The alert tells readers to check the ADGM Registration Authority public register for a firm that claims to be incorporated or registered in ADGM, and to search the FSRA public register for a Financial Services Permission.
The company register answers incorporation. The permission register answers a regulated activity. Neither answers whether the person in your inbox may speak for that firm. Confirm the person on a channel you opened yourself. Not every counterparty needs an FSRA permission. The activity and the place decide the perimeter. The DFSA AML module, separately, applies to defined Relevant Persons, not to every company that raises equity.
Question. How do you distinguish incorporation, permission to conduct an activity, and this person’s actual authorisation?
I have already signed, paid or lost access if the commitment is no longer only a plan.
Regulatory alert: awareness regarding impersonation of authorised persons · ADGM Financial Services Regulatory Authority
The FSRA warned that fraudsters misuse names and logos of FSRA-licensed firms. Only firms authorised by the FSRA may undertake regulated activities in ADGM. Check the ADGM Registration Authority public register for incorporation, and the FSRA public register for a Financial Services Permission. One register does not answer the other.
AML, CTF and sanctions compliance: summary · Dubai Financial Services Authority
The supervisory regime applies to Authorised Firms other than a Credit Rating Agency, Authorised Market Institutions, DNFBPs, and Registered Auditors, collectively Relevant Persons. Raising equity does not by itself make a startup a Relevant Person.