Flowdesk obtains full VARA broker-dealer license in Dubai for qualified and institutional investors.
Regulation & Gov ·
Flowdesk Omega FZE has obtained a full broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, authorizing it to serve qualified and institutional investors. The entity, registered at One Central on the 8th floor of Trade Centre 2, will conduct broker-dealer services under this regulatory framework. Charles Tighe serves as General Manager, with Romain Berry as Chief Risk Officer and Anwar Shareef as Compliance Officer.
The license grants Flowdesk formal permission to operate crypto trading and execution services within VARA's jurisdiction. This regulatory approval establishes a compliant structure for the firm's operations in the emirate and aligns it with local virtual asset oversight requirements that distinguish between retail and institutional market participants.
Several details remain pending or unconfirmed in public filings: the specific license number and exact issuance date have not yet been disclosed. The scope of which institutional investor categories Flowdesk may service and any conditions attached to the license terms are not detailed in currently available regulatory statements.