Part 3/9:
Carl notes that the financial sector's transition towards digital assets has necessitated a re-evaluation of compliance and governance standards. As new technologies emerge, collaboration among stakeholders is paramount to create an environment conducive to innovation while ensuring that regulatory frameworks are sound.
The Role of the UAE in Promoting Innovation
The UAE has emerged as a case study for successfully implementing innovative regulatory frameworks. With 18 years of experience in the region, Carl acknowledges the UAE's strategic approach, which includes world-class infrastructure, high liquidity, and a growing talent pool. These elements form a virtuous cycle: liquidity attracts talent, and talent generates opportunities, all while being supported by robust infrastructure.