The Dubai Financial Services Authority (DFSA) is the independent regulatory body for financial services in the Dubai International Financial Centre (DIFC). Established in 2004, its primary role is to ensure that the financial services industry operates in a fair, transparent, and efficient manner. The DFSA oversees a wide range of financial activities, including banking, insurance, and investment services. The DFSA also promotes the growth of the financial sector in Dubai by providing a robust legal framework and regulatory environment. It aims to attract international businesses and investors while maintaining high standards of compliance and governance. This helps to enhance Dubai's reputation as a global financial hub.