GCGRA signs regulatory cooperation agreement with UAE financial supervisor FSRA
The agreement establishes coordinated financial services and commercial gaming supervision without introducing specific new company rules.
The agreement establishes coordinated financial services and commercial gaming supervision without introducing specific new company rules.
Gaming businesses operating alongside financial services in the UAE will be subject to coordinated regulatory oversight.
The agreement establishes information sharing, coordinated supervision and investigation support where GCGRA and ADGM’s financial regulator have overlapping responsibilities.
The fund’s planned raise and investment mandate could provide capital to gaming businesses in its target sectors and regions.