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Academy/DFSA Compliance Series/Chapter 1
Chapter 1 · Constitutional Architecture & Jurisdictional Scope

What DFSA Firms CANNOT Do Onshore

Episode 01.3 · DFSA Compliance Series

About this episode

Can a firm licensed in the DIFC take retail deposits in UAE Dirhams?

No. Federal Law No. 8 of 2004 sets strict statutory boundaries: DIFC firms cannot take domestic AED retail deposits, and DIFC-based insurers are largely restricted to reinsurance rather than primary insurance onshore.

Episode 1.3 — Chapter 1: Constitutional Architecture & Jurisdictional Scope | DFSA & DIFC Compliance Masterclass series.

Follow @arakan-forensic for the next episode as this series continues, chapter by chapter.

Educational Media. Not Legal Advice.

#DFSA #DIFC #UAECompliance #DubaiFinance #DIFCLaw #UAELaw

The 3 Pillars of DIFC GovernanceThe Source of DFSA Regulatory Power

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