Economy News

Dubai Financial Market receives Swiss FINMA recognition as Foreign Trading Venue

Dubai Financial Market (DFM) has secured recognition from Switzerland's Financial Market Supervisory Authority as a foreign trading venue, enabling Swiss institutions supervised by FINMA to access DFM's trading platform directly and facilitating the listing of Swiss-incorporated equities in Dubai.

The designation establishes a regulated cross-border connection between two major global financial centres, underpinned by both authorities' membership of the IOSCO Multilateral Memorandum of Understanding on regulatory cooperation and information exchange.

DFM currently hosts more than 1.2 million investors from 212 nationalities, with foreign investors accounting for approximately 85% of registered participants. The recognition is expected to deepen that international base by providing Swiss financial institutions with a direct, compliant route into the Dubai market. The UAE Capital Market Authority and FINMA have been cited as co-facilitators of the arrangement, reflecting the strength of bilateral regulatory ties between the UAE and Switzerland.

Gulf Economist Staff Writer