Regulation Archives - Chooseabroker

Franklin Templeton Expands UAE Footprint with Onshore Abu Dhabi Licence

Franklin Templeton has secured a licence from the UAE's Capital Market Authority (CMA) for its entity in Abu Dhabi, marking a major expansion of its presence in one of the world's fastest-growing financial hubs. The move means Franklin Templeton now operates across all three of the UAE's financial jurisdictions: Onshore…

By Sam Reid

16th Jun 2026

Deriv Eyes a Banking Licence in St Vincent and the Grenadines

Key Takeaways Deriv is reportedly seeking a banking licence in St Vincent and the Grenadines, with the application listed as pending approval in the local registry. The move fits Deriv’s multi-jurisdiction structure, with multiple regulated entities globally, including a Category 1 brokerage licence in Dubai for onboarding clients under that…

By Staff Writer

26th Feb 2026

PU Prime Secures UAE CMA Category 5 Licence

Key Takeaways PU Prime secured a UAE CMA (formerly SCA) Category 5 licence through PU Prime Financial Services LLC. The licence allows introduction and promotion activities, with the UAE operation led by Ali Afzaal (Regional Head MENA & South Asia). Category 5 does not allow local trade execution or holding…

By Staff Writer

12th Feb 2026

FINRA Fines Arkadios Capital $25,000 Over Reg BI Supervisory Failures

Key Takeaways FINRA fined Arkadios Capital $25,000 over alleged Reg BI supervisory failures. The issues covered Sept 2022 to March 2024 and involved oversight of leveraged and inverse ETFs. Arkadios was censured and ordered to pay $20,571.29 in restitution (plus interest). Arkadios Capital, LLC has agreed to pay a…

By Staff Writer

09th Feb 2026

Swiss Private Bank Opens Abu Dhabi Hub After ADGM Approval

Key Takeaways Swiss private bank Maerki Baumann has opened an Abu Dhabi branch in ADGM after approval from the FSRA. The new hub, branded ARCHIP, will serve crypto, blockchain and tech-focused clients with services including banking, custody, staking and digital asset management. Client servicing will be supported by the bank’s…

By Staff Writer

05th Feb 2026

Australian Court Hits BPS Financial With $9.7m Penalty Over Qoin Wallet Claims

Key Highlights Australia’s Federal Court ordered BPS Financial to pay $9.7 million (AUD$14 million) over unlicensed conduct and misleading statements linked to its Qoin Wallet product. The court found BPS operated without an Australian Financial Services Licence for nearly four years and misrepresented aspects of the wallet and Qoin token…

By Staff Writer

28th Jan 2026