In this episode of The Riffle, we unpack the Dubai Financial Services Authority (DFSA) Thematic Review on Conflicts of Interest, examining what the regulator expects from Authorised Firms operating in the Dubai International Financial Centre (DIFC).

We break down the key findings from the DFSA’s cross-sectoral review — from weaknesses in governance, risk assessments, and Board oversight, to gaps in identification, monitoring, record-keeping, inducements, and employee training. The episode highlights why low levels of reported conflicts are a red flag, how over-reliance on employee disclosures falls short of regulatory expectations, and where firms are most exposed to supervisory risk.

Alongside the deficiencies, we also explore examples of good industry practice, including robust governance frameworks, proactive conflict identification, effective monitoring by second- and third-line functions, and practical, scenario-based training models.

A clear, practical overview for compliance teams, senior management, and Authorised Firms seeking to align their conflicts of interest frameworks with DFSA expectations and strengthen market integrity.

🎙️ Presented by 10 Leaves