Swift Audit & Advisory powers growth for crypto businesses in the UAE's digital economy
As the UAE emerges as a global hub for digital assets, Swift Audit & Advisory is playing a pivotal role in supporting crypto and blockchain-based businesses with the financial clarity, regulatory readiness, and operational strength they need to thrive. From early-stage ventures to established exchanges, Swift delivers tailored advisory services grounded in deep sector knowledge and local expertise.
Whether it's an early-stage startup or a fully operational exchange, Swift Audit & Advisory provides strategic support across areas such as licensing, compliance, financial governance, and cybersecurity. Its services cover advisory for VARA and ADGM licensing, AML/KYC policy reviews, internal audit, tax structuring, and cybersecurity risk assessments.
'Swift fully aligns with the UAE's ambition to become a leading global hub for digital assets under its 2030 economic vision. By supporting crypto businesses with audit, compliance, and advisory services, we contribute to building trust and transparency in the sector - two essential elements for market stability and investor confidence. Our work helps position the UAE as a jurisdiction where digital assets can thrive under clear regulatory and financial governance,' said Arwa Naccho, Managing Partner at Swift Audit & Advisory.
Swift Audit & Advisory currently serve eight businesses operating across the digital asset ecosystem. These include blockchain education platforms, crypto content and trading services, and businesses in industries that integrate blockchain or crypto wallets for payment processing. This wide-ranging exposure allows the company to deliver nuanced, fit-for-purpose advisory services across both crypto-native and crypto-adjacent operations.
'Through our specialized compliance advisory and financial structuring support, we've helped crypto-related businesses reduce regulatory exposure and streamline operations. By enhancing their financial reporting practices and aligning their compliance frameworks with UAE regulations, our clients have minimized the risk of penalties and achieved greater clarity over cost drivers. This in turn allows them to allocate resources more efficiently, fueling growth and innovation,' added Arwa Naccho, Managing Partner at Swift Audit & Advisory.
As the UAE's digital asset regulatory environment continues to mature, Swift plans to expand its services with targeted Crypto Risk Assessments and Regulatory Readiness Programs designed to help clients anticipate and meet compliance expectations proactively. The company is also building partnerships with legal and cybersecurity specialists to provide a comprehensive suite of governance, risk, and compliance (GRC) services for crypto businesses.
Swift Audit & Advisory strength lies in combining deep expertise with localized UAE market knowledge. While many firms rely on template-based approaches, Swift delivers practical, context-specific advisory tailored to the unique compliance and operational challenges in the digital asset space.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
12 minutes ago
- Khaleej Times
Arya by Citi Developers unveiled: Art of Neo-Luxury on Dubai Islands
Where design becomes emotion, and every detail tells a story In a city defined by spectacle, ARYA arrives with a bang. Set on the Marina of Dubai Islands, ARYA introduces a new expression of waterfront living, one shaped by artistic clarity, architectural grace, and a deep appreciation for the rare. Limited to just 68 residences, ARYA is more than a development; it is a private collection. Each home is a bespoke composition of custom-designed furniture, smart technology, curated décor, and uninterrupted marina views. Personal assistant robots serve each unit, while private sky pools elevate everyday moments into rituals of stillness. Across four curated levels of amenities - from the immersive Galore Ground Floor to the horizon-defining Eleventh Sky - ARYA offers a sensory journey through wellness, water, and wonder. Roman thermal baths, bespoke hammams, cinematic lounges, and suspended rooftop bars are not just amenities - they are artworks in function. "ARYA is: Concept of Neo-Luxury made physical," says Zoraiz Malik, CEO of Citi Developers. "It is art you can live in, luxury you can feel, and design that doesn't chase attention - because it already has yours." Scheduled for handover in Q4 2027, ARYA offers one bed - to five-bedroom penthouses starting from Dh1.9 million, with a 60/40 payment plan. For more information, visit the website:
Khaleej Times
12 minutes ago
- Khaleej Times
To make money with crypto, you may need to fire the experts
I had a meeting with a financial adviser sometime in my early 40s , the trauma of which still lives in my body. I was living in the UAE, working hard, making decent money, and ready to get serious about my financial future. I walked into the meeting completely unsuspecting and she didn't waste time. She drew a mountain on a piece of paper and placed a little stick figure — my sad little financial avatar — only halfway up the side. 'This is where you are now,' she said. 'And, if you don't start investing much, much more, this is where you'll be.' Then she drew the rest of the scenario: a steep cliff face, the sad little stick figure barely clinging to the side. I left the meeting and sat in my car and cried. I felt so frustrated and confused. How could someone in their early 40s with no debt and a good salary be in this kind of doomsday scenario? Looking back, I can see I wasn't hopeless — I was manipulated. These kinds of financial 'wake-up calls' are designed not to inform or empower, but to shame, scare, and sell. And this one did lasting damage. The financial confusion and manipulation I faced when I arrived in the UAE changed my behaviour for years. That's why I want to talk about something I've only recently come to understand, which has helped me take my power back. It's called 'low time preference'. The financial confusion and manipulation I faced when I arrived in the UAE changed my behaviour for years" Low time preference is a term from economics and behavioural psychology that refers to a person's ability to delay gratification and prioritise long-term rewards over short-term pleasures. Someone with low time preference is more likely to invest, save, and plan ahead rather than spend impulsively or chase instant rewards. The concept originates in Austrian economics, particularly in the work of Ludwig von Mises and Hans-Hermann Hoppe. I first read about it in the Saifedean Ammous 2018 book The Bitcoin Standard. Before moving to the UAE, I was a regular investor. In Canada, I opened a registered retirement savings plan as soon as I started working at 26. I invested every time I got paid and upped the amount when I got a raise. I was far from perfect and bought a lot of useless things. I got in credit card debt at one point, but I also managed to get out with the help of a second job. As I've written about earlier, I struggled with life-long money fears. When I arrived in the UAE, with no financial plan for my expat life other than being scared that I would mess up the opportunity, I was a very easy mark. That's when the slick financial advisers I engaged, the ones introduced by my workplace, tried to sell me investment products that required 15-year commitments and huge monthly payments. If I ever moved back to Canada, and I was always sure I would be doing that soon, I knew I'd struggle to keep up. So, I said no — again and again, and each time, I got the same amount of shame that I did from the stick-figure artist. The advisers kept saying if I wouldn't do the regular plans, I needed $10,000 (Dh36,729) minimum to invest. I kept telling myself I'd save up, and sometimes I would. But then, I wouldn't. It was a vicious circle that went on for years and because of it I missed the wonder of compounding interest for far too long. It's a small consolation that those products were later revealed to be predatory at worst and poorly structured at best, with up-front fees that people were usually not made aware of. I have heard of people who got through the 15 years, with some regret, and others who couldn't keep up the payments and lost almost everything. As for me, it's clear now that during the move overseas I lost my savings rhythm. Like many people, I also got caught up somewhat in the brunches and the bags – the opposite of low time preference. I could be much farther ahead were things different. And that is one of my deeper regrets. It wasn't until much later that I realised: the entire time, all I needed to do to save regularly again was to open my own investment account. Getting rid of all outside financial 'advisers', facing, and processing my money fears head-on, and figuring out personal finance for myself has helped build hard-won low time preference for me. Being able to invest regularly in Bitcoin without needing a third party has definitely helped. Doing this gives me more peace and clarity than anything I've done financially in years. Now, I don't want to spend on clothes or expensive meals — I want to invest. Bitcoin, with its sound structure and long-term potential, has helped me rediscover the discipline I had before I moved here. I wish I could turn back time – but I'm also of the opinion that it's never too late. That stick figure is not clinging to the edge anymore. She's on the move now, climbing slowly, steadily, and one forward-looking step at a time.
Zawya
23 minutes ago
- Zawya
OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say
OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) increases it made for May and June, sources familiar with OPEC+ talks told Reuters. Eight OPEC+ countries have been raising output more rapidly than earlier planned, even though the extra supply has weighed on prices. The strategy of group leaders Saudi Arabia and Russia is partly to punish over-producing allies and to win back market share, Reuters has reported. On Saturday, the eight members may decide to increase output by 411,000 bpd for July, OPEC+ sources have told Reuters. Two more sources familiar with OPEC+ talks and two OPEC+ delegates said they could also discuss a larger increase. Kazakhstan's statement on Thursday that it won't cut production has sparked debate in OPEC+, some of the sources said on Friday, with one saying that this factor may tilt discussions towards a larger output hike on Saturday. All sources declined to be identified by name due to the sensitivity of the matter. OPEC and authorities in Russia and Saudi Arabia did not immediately respond to requests for comment on Friday. United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei, asked about the plan for July output on Tuesday, said OPEC+ was doing its best to balance the oil market and needed to be mindful of rising demand. Kazakhstan has been pumping hundreds of thousands of barrels over its OPEC+ target for months, a factor that has angered other OPEC+ members and helped sway a decision by the group to proceed with plans to hike output in April, sources said at the time. OPEC+ wants it to compensate by making further cuts, but on Thursday Russia's Interfax news agency cited Kazakhstan's deputy energy minister as saying that the country has informed OPEC that it does not intend to reduce production. Oil prices fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as U.S. President Donald Trump's tariffs raised concerns about global economic weakness. Since then prices have recovered to about $65. OPEC+, which includes OPEC members and allies such as Russia, has made deep output cuts since 2022 to support the market. Eight members of the group have been increasing production since April to unwind some of those cuts. (Reporting by Alex Lawler, Ahmad Ghaddar, Olesya Astakhova, Maha El Dahan and Yousef Saba; writing by Alex Lawler; editing by Simon Webb and Jason Neely)
