CAB secures permit from UAE financial regulatory authorities
30 January 2026 UAE
Image: Frédéric Prochasson/stock.adobe.com
Crown Agents Bank (CAB), a B2B FX and payments provider, has announced that its Middle Eastern subsidiary — CAB Global Markets (CAB GM) — has secured a Category 2 Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).
According to the group, the FSRA Category 2 Licence builds on CAB’s existing network, technology, and expertise to empower the specialist bank’s work in facilitating the two?way flow of funds in and out of fast?growing and complex markets.
Specifically, the licence enables CAB GM to facilitate cross?border payments, foreign exchange transactions, trade finance instruments, and arrange credit.
ADGM’s position as a leading international financial centre with robust regulatory standards makes it an ideal location for CAB GM to extend its services across the Gulf and Middle East, the firm notes.
Neeraj Kapur, CAB Group CEO, comments: “The granting of the licence strengthens our ability to deliver on our purpose with our increasing client base and expand our presence in key growth regions.
“The UAE’s geographic position, sophisticated regulatory environment, and deep capital markets make it one of the world’s leading financial centres.”
According to the group, the FSRA Category 2 Licence builds on CAB’s existing network, technology, and expertise to empower the specialist bank’s work in facilitating the two?way flow of funds in and out of fast?growing and complex markets.
Specifically, the licence enables CAB GM to facilitate cross?border payments, foreign exchange transactions, trade finance instruments, and arrange credit.
ADGM’s position as a leading international financial centre with robust regulatory standards makes it an ideal location for CAB GM to extend its services across the Gulf and Middle East, the firm notes.
Neeraj Kapur, CAB Group CEO, comments: “The granting of the licence strengthens our ability to deliver on our purpose with our increasing client base and expand our presence in key growth regions.
“The UAE’s geographic position, sophisticated regulatory environment, and deep capital markets make it one of the world’s leading financial centres.”
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