Abu Dhabi: The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Wednesday issued a public consultation paper inviting public feedback and comments for its proposed legislative framework to implement and govern the FRSA Regulatory Laboratory.

According to ADGM, the proposed FSRA Regulatory Laboratory is designed to support companies, institutions and participants that wish to deploy innovative technology within the financial services sector (FinTech) in Abu Dhabi and the wider region. The legislative framework will be the first of its kind in the Middle East and North Africa region, and among the first in the world.