12. Regulations & Compliance
The domain in which we operate is heavily influenced by regulations and compliance issues, given the innovative nature of our work in global digital assets ownership, cryptocurrencies, fintech, intellectual property, and Generative AI.
As we navigate this rapidly evolving landscape, our core principle is to remain trustworthy and fully compliant within the jurisdictions that align with our business model and innovation goals.
Our regulatory framework will include the following key elements:
Compliance with Local Law (United Arab Emirates): we are committed to adhering to the specific regulations of the jurisdictions where we operate. This includes compliance with laws related to data protection, financial transactions, intellectual property, and consumer rights within the UAE.
Anti-Money Laundering (AML) and Know Your Customer (KYC): implementing robust AML and KYC protocols is crucial, especially as we engage in financial transactions and cryptocurrencies. We will ensure thorough verification of client identities and monitor transactions for any suspicious activities to maintain the integrity of our operations.
Licensing Requirements: we recognize the necessity of obtaining specific licenses or permits, particularly in regulated sectors such as finance or cryptocurrency. We will diligently secure all required licenses to operate legally and effectively.
Global Regulatory Awareness: as we serve a global audience, we stay informed of and adapt to changes in international laws, including U.S. regulations, British Common Law, EU directives, and specific MENA country laws. This proactive approach will allow us to remain compliant while embracing innovation.
Our commitment to compliance is not just about meeting legal requirements but also about building a trustworthy and sustainable business that can thrive in a complex, global environment. We are open to continuously refining our practices to ensure full compliance across all jurisdictions where we operate.
Last updated