Ratul Roshan
Ratul Roshan
Biography
Ratul Roshan is a dual-qualified financial services & regulations lawyer based in Riyadh, Kingdom of Saudi Arabia.
He has nearly seven years of experience advising on legislative drafting, payment services licensing, compliance, and policy development across the Middle East, South Asia, and emerging markets. He has led end-to-end licensing strategies and processes for major payment processors and aggregators under the UAE’s retail payment services, card schemes, stored value facilities regulations, securing approvals in record time.
Ratul has supported cross-border fund transfer providers with multi-million users in navigating governance, market conduct, and licensing requirements. His work includes advising on strategic licensing exemptions, agent-bank relationship structuring, and regulatory documentation for semi-government entities and listed companies. He has also contributed to policy drafting for licensing applications before the Saudi Central Bank (SAMA), aligning with the Implementing Regulations of Payments and Payment Services Law.
Professional experience
Representative experience
Representative experience
FinTech
- Central Bank of a GCC country: On drafting the federal Open Banking Regulatory Framework.
- UAE’s largest WPS provider: On launching merchant-led B2C BNPL and cross-border lending products, including strategic licensing analysis.
- A Royal Group subsidiary: On regulatory licensing under the Retail Payment Services and Card Schemes (RPSCS), and Stored Value Facilities (SVF) regulations.
- A leading GCC payment processor: On licensing lifecycle support in securing a Category III license under the RPSCS regulation.
- Indian BSE listed payment aggregator: On policy drafting towards licensing before the Saudi Central Bank.
- Uruguayan NASDAQ listed payment aggregator: On policy drafting towards licensing before the Saudi Central Bank.
- GAFA companies: On matters of financial services, and public policy, under Indian law.
Virtual Assets
- A UAE bank: On the launch of 28 virtual asset products, in terms of the laws of the UAE SCA, CBUAE, FSRA, and DFSA.
- Large UAE real estate developer: On the tokenisation of property timeshare, and rental yields.
- A global VA wealth management platform: On VARA licensing across multiple categories, including broker-dealer, lending & borrowing, asset management and investment services, covering application strategy and compliance mapping.
- Gaming platform with 100 Mn+ users: On regulatory implications of launching a turnkey NFT marketplace solution featuring utility tokens from the ADGM.
- Multiple clients: On legal structuring, legal validity assessments, and advisory on a variety of tokenisation projects, amongst others.
- Multiple DLT Foundations: On ADGM’s DLT Foundations Regulations, including formation, governance, and disclosure requirements.
Insights and news
Insights
