SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, has secured a Financial Services Permission (FSP) from Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (“FSRA”) effective as of 7 February 2022.
Following receipt of this FSP, SEBA Bank has opened an office in Abu Dhabi ADGM to strengthen support for its regional partners in the provision of regulated digital asset services.
The FSP authorises SEBA Bank to conduct regulated activities in the ADGM, including advising on investments or credit, arranging credit and custody, and arranging deals in investments; pursuant to the Financial Services and Markets Regulations 2015 (FSMR).