阿聯酋透過新法規推動金融科技創新

為了確保阿拉伯聯合大公國金融交易的安全並促進創新，阿聯酋中央銀行（CBUAE）發布了《支付代幣服務條例》，管理支付代幣的發行、轉換、託管和轉讓。

The Central Bank of the United Arab Emirates (CBUAE) has issued two crucial regulations to govern digital payment services and foster innovation within the financial services sector. These regulations aim to create a secure and efficient framework for digital monetary services while ensuring consumer protection and maintaining financial stability.

阿拉伯聯合大公國中央銀行 (CBUAE) 發布了兩項重要法規來管理數位支付服務並促進金融服務業的創新。這些法規旨在為數位貨幣服務創建安全且高效的框架，同時確保消費者保護和維護金融穩定。

The first regulation, titled the Payment Token Services Regulation (PTS regulation), introduces a comprehensive regulatory framework for entities offering payment token services in the UAE. This regulation defines the criteria and conditions under which licenses or registrations are granted to these entities, covering three primary categories: payment token issuance, payment token conversion, and payment token custody and transfer.

第一項法規名為《支付令牌服務法規》（PTS 法規），為在阿聯酋提供支付令牌服務的實體引入了全面的監管框架。該法規定義了向這些實體授予許可或註冊的標準和條件，涵蓋三個主要類別：支付代幣發行、支付代幣轉換以及支付代幣託管和轉讓。

The PTS regulation outlines the objectives of establishing a secure and efficient framework for digital monetary services, fostering innovation, and safeguarding consumer interests. As part of the licensing or registration process, entities seeking to provide payment token services will undergo a rigorous evaluation of their financial health, operational capabilities, and compliance with regulatory standards. Notably, foreign entities interested in operating within the UAE market can apply for registration, subject to specific conditions and supervision by the UAE Central Bank.

PTS 法規概述了建立安全且有效率的數位貨幣服務框架、促進創新和維護消費者利益的目標。作為許可或註冊過程的一部分，尋求提供支付代幣服務的實體將對其財務狀況、營運能力和監管標準合規性進行嚴格評估。值得注意的是，有興趣在阿聯酋市場經營的外國實體可以申請註冊，但須遵守特定條件並接受阿聯酋中央銀行的監督。

A key focus of the PTS regulation is on consumer protection and operational standards. Payment token service providers are required to implement robust risk management practices, ensure the confidentiality of customer data, and maintain adequate capital and liquidity to meet their obligations. Additionally, they must provide clear and transparent information to customers regarding the terms and conditions of their services.

PTS 監管的重點是消費者保護和營運標準。支付代幣服務提供者必須實施穩健的風險管理實踐，確保客戶資料的機密性，並保持足夠的資本和流動性來履行其義務。此外，他們必須向客戶提供有關其服務條款和條件的清晰透明的資訊。

Recognizing the pivotal role of technology in digital payment services, the PTS regulation mandates the adoption of effective technology and cybersecurity risk management frameworks by the payment token service providers. Adherence to international best practices is essential to fortify systems against threats and ensure the reliability and security of services offered.

認識到技術在數位支付服務中的關鍵作用，PTS 法規要求支付代幣服務提供者採用有效的技術和網路安全風險管理框架。遵守國際最佳實踐對於增強系統抵禦威脅並確保所提供服務的可靠性和安全性至關重要。

The CBUAE has instituted rigorous compliance and reporting requirements for payment token service providers. Entities are obligated to comply with anti-money laundering and counter-terrorism financing standards, conduct regular audits, and promptly report significant operational incidents. Non-compliance with these regulations may result in administrative penalties and financial sanctions.

CBUAE 對支付代幣服務提供者制定了嚴格的合規和報告要求。各單位有義務遵守反洗錢、反恐怖主義融資標準，定期進行審計，及時通報重大營運事件。不遵守這些規定可能會導致行政處罰和經濟制裁。

The second regulation, known as the Sandbox Conditions Regulation (sandbox regulation), establishes a regulatory sandbox environment as a supervisory tool. This sandbox enables participants to test innovative business models, products, and services in the financial services sector within a specified timeframe under appropriate regulatory supervision.

第二項規定稱為沙盒條件規定（sandboxregulatory），建立監管沙盒環境作為監管工具。此沙箱使參與者能夠在適當的監管監督下，在指定的時間範圍內測試金融服務領域的創新商業模式、產品和服務。

The sandbox regulation outlines the eligibility criteria and participation rules for the regulatory sandbox, in addition to the regulatory compliance requirements. It specifies that the sandbox is open to all entities and individuals, including the financial free zone companies, interested in testing licensed financial activities, excluding activities related to (i) taking deposits of all types; (ii) carrying out insurance activities in the UAE; and (iii) acting as principal in financial products that affect the financial position of the person, including but not limited to foreign exchange, financial derivatives, bonds and sukuk, equities, commodities, and any other financial products, as determined by the CBUAE.

除了監管合規要求外，沙盒監管還概述了監管沙盒的資格標準和參與規則。它明確規定，沙箱向所有有興趣測試許可金融活動的實體和個人開放，包括金融自由區公司，但不包括以下相關活動：(i) 吸收所有類型的存款； (ii) 在阿聯酋進行保險活動； (iii) 作為影響個人財務狀況的金融產品的委託人，包括但不限於外匯、金融衍生性商品、債券和伊斯蘭債券、股票、商品以及 CBUAE 確定的任何其他金融產品。

The sandbox regulation also stipulates a minimum level of safeguards that participants must fulfill during their time in the regulatory sandbox, aiming to mitigate risks associated with innovative financial technologies in terms of consumer protection and financial system stability. These safeguards include, for example, appropriate mechanisms for handling consumer complaints, compensations, dispute settlements, as well as necessary measures to combat money laundering and terrorist financing in accordance with relevant legislation.

沙盒監管也規定了參與者在監管沙盒期間必須履行的最低保障措施，旨在減輕與創新金融技術在消費者保護和金融體系穩定性方面相關的風險。這些保障措施包括，例如，處理消費者投訴、賠償、爭端解決的適當機制，以及根據相關立法打擊洗錢和恐怖主義融資的必要措施。

Regarding the duration of the regulatory sandbox, the testing period ranges between six to 12 months, with the possibility of extension based on an evaluation by the CBUAE for each case. It should be noted that the testing may be discontinued at any time during or after the specified testing period, subject to specific circumstances outlined in the regulation.

關於監管沙盒的持續時間，測試期為6至12個月，根據CBUAE對每個案例的評估，有可能延長。應指出的是，根據法規中概述的具體情況，在規定的測試期間或之後的任何時間都可以停止測試。

These regulations, issued by the UAE Central Bank, represent pivotal advancements towards fostering innovation and ensuring stability in the digital economy and financial services sector of the UAE. The regulations provide a structured framework that encourages experimentation and growth while safeguarding consumer interests and maintaining the integrity of the financial system.

這些法規由阿聯酋中央銀行發布，代表了阿聯酋數位經濟和金融服務業在促進創新和確保穩定性方面的關鍵進步。這些法規提供了一個結構化框架，鼓勵實驗和成長，同時保護消費者利益並維護金融體系的完整性。

By promoting a secure environment for digital payment innovations and establishing clear guidelines for regulatory compliance, the CBUAE is paving the way for sustainable development and enhanced competitiveness in the global digital landscape. These regulatory initiatives underscore the UAE’s commitment to embracing technological advancements and maintaining leadership in the evolving realm of financial technology.

透過促進數位支付創新的安全環境並建立明確的監管合規準則，CBUAE 正在為永續發展和增強全球數位領域的競爭力鋪平道路。這些監管舉措強調了阿聯酋致力於擁抱技術進步並在不斷發展的金融技術領域保持領先地位。