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6. Target Applicant(s)

6-1

The following persons are potential Applicants to the Regulatory Sandbox, provided in each case that they serve the UAE financial services market and/or are citizens of the UAE:

 

 

(a)

UAE based start-ups or established UAE based companies in any sector, whether or not they are currently regulated by a regulatory authority different from the Central Bank; or

 

 

(b)

financial free zone companies without prejudice to the applicable legal framework.