UAE: ADGM Develops e-KYC Utility

On February 7, 2018, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the development of an electronic know your customer (e-KYC) utility.

This initiative follows the first Regional Regulators’ Roundtable for Middle East and North Africa (MENA) regulators, hosted by ADGM at its FinTech Abu Dhabi Festival in October 2017, and forms part of an inclusive programme of ADGM’s institutional-focused projects for 2018.

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