- in the category: Regulatory Update: Middle East
DFSA Appoints Chief Executive. ADGM Office of Data Protection Publishes Guidance, CBUAE Issues Guidance of Registered Hawala Providers and Licensed Financial Institutions. FATF Follow-up Assessments and BitMex Fined $100 Million.
DFSA Updates Legislation following Employee Money Purchase Regimen Consultation Paper and DIFC Announces Enactment of Intellectual Property Regulations. Middle East Regulatory Updates, International Updates including Robinhood Fined following investigation of allegedly lax security practices.
This edition includes – DIFC and DFSA latest developments including DIFC Holds first meeting of its Higher Board of Directors in 2021 and DFSA Opens Innovation Testing License Cohort. ADGM and FSRA latest developments and Middle East Regulatory Updates and International Updates.
This edition includes - Launch of DIFC FinTech Accelerator 2021, FSRA Issues a Dear SEO/MLRO/RP Letter regarding CTF and CBB Announce Digital Currency Settlement Collaboration.
This edition includes - DIFC Announces Proposed Intellectual Property Regulations for Consultation, FSRA Introduces New Regulatory Framework for Third Party Financial Technology Services, SCA Holds Webinar on Corporate Governance for Public Joint-Stock Companies, Update to the UN Sanctions List, CBUAE Imposes Financial Sanction on an Exchange House.
This edition includes - DIFC Records Highest Number of Annual Registrations Since Inception, FCPU Host Workshop on Targeted Financial Sanctions, Proliferation and Terrorist Financing, SCA Holds First Board Meeting of 2021, FATF Opens Consultation on a Risk-Based Approach to Virtual Assets and VASPs Guidance, Watchdog Bans City of London Trader for ‘Wash Trading’.
This edition includes - DIFC Embraces the Future of Finance with Tokenisation of Digital Assets, ADGM Enacts the Data Protection Regulations 2021 and Joins the Global Privacy Assembly, UAE Central Bank Issues Stored Value and Electronic Payment Systems Regulatory Framework, FATF Publishes the “Grey” and “Black” Lists.
This edition includes - DIFC Hosts Outreach Session for Cyber Risk Management Guidelines, ADGM Holds Online Workshop on Cryptocurrency and Counter Proliferation Finance, SAMA Issues Rules for Practising Debt Crowdfunding Activities, FATF Reflects on the Changing Money Laundering and Terrorist Financing Risk Landscape.
This edition includes - DIFC Issues its First Licence to Provide Money Services in the DIFC, ADGM to Amend the Application of English Law Regulations 2015, Oman CMA Creates a New Department Against Money Laundering and Terrorist Financing, IOSCO Publishes Report on Education of Retail Investors Regarding Risks of Crypto-Assets.
This edition includes - DFSA Issues a Consultation Paper on Regulation of Retail OTC Leverage Products, ADGM Commences Public Consultation on Proposed New Data Protection Regulations, IOSCO’s GEMC Publishes a Report on the Development of Emerging Markets, Thematic Review on Consistency in Implementation of Money Market Reforms, DFSA Sanctions Upheld Against Dr Mubashir Sheikh for Serious Misconduct.
This edition includes - DIFC Becomes Region’s First Fully Accredited Member of Global Privacy Assembly, ADGM Publishes Consultation Paper on Amendments to Application of English Law Regulations 2015, UAE Merges Insurance Authority with Central Bank, FATF Issues Update to “The FATF Recommendations”, Goldman Sachs International Fined £96.6m for Risk Management Failures in Connection with 1MDB.
This edition includes - DFSA Issues a Dear SEO Letter and a Markets Brief on the Transition From IBOR, ADGM Begins Public Consultation on Proposed Electronic Transactions Regulations, FSB RCG MENA Group Discusses the Economic and Financial Market Development, UAE Issues Cabinet Decision Concerning Economic Substance Requirements.