The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has rolled out a regulatory framework for digital investment managers, also known as "robo-advisors", to boost fintech activity and provide investment-related services, the regulator said. The regulatory framework issued by ADGM outlines permissions that may be required to provide digital investment services in or from the financial centre and how the FSRA will apply its authorisation criteria in technology governance and newer areas such as algorithm governance. Richard Teng, the CEO of Financial Ser...
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