In the UAE, Lean is authorized and regulated by the Financial Services Regulatory Authority (FSRA) to operate in and from the Abu Dhabi Global Market (ADGM) to provide Third Party Services. Under the FSRA's regulatory framework, we are referred to as a Third Party Provider (TPP) permitted to aggregate data (commonly referred to elsewhere as providing account information services (i.e. AISP) and to initiate payments (i.e. PISP). The terms AISP and PISP are not separately defined by the FSRA, but such terms would fall within the TPP umbrella term for which we are regulated.
How is Lean regulated in the UAE?
