The Dubai Financial Services Authority (DFSA) has unveiled time-limited relief measures designed to assist financial firms in navigating the fallout from the regional conflict linked to the Iran war. These measures, which will be risk-based and proportionate to each firm's specific circumstances, aim to provide flexibility in areas such as licensing and administration, governance and staffing, regulatory reporting and supervision, and timelines for certain regulatory initiatives. DFSA chief executive Mark Steward stated that the authority intends to offer this assistance, upon request, as a temporary bridge to the resumption of normal trading conditions, ensuring that high regulatory standards are maintained throughout the process.