- in the category: Regulatory Update: Middle East
This edition includes - Abraaj Capital Limited – DFSA Update, DFSA and Monetary Authority of Singapore Sign FinTech Agreement, ADGM Seeks Market Response to Joint Consultation on Global Financial Innovation Network, ESCA Grace Period to Local Promoters of Foreign Mutual Funds Has Expired
This edition includes - DFSA Signs MoU with Astana Financial Services Authority, DFSA Fines Al Ramz and their Head of IT for Failures to Provide Complete Information, ADGM Launches Crypto Asset Regulatory Framework, Oman Tightens Controls on Remittance and Currency Exchange, Saudi Arabia CMA Approves First FinTech Licenses, FINRA Fines Robo-Advisor.
This edition includes - DFSA Expands FinTech Innovation Testing Programme, ADGM Establishes its First Representative Office in Beijing, ADGM and Astana Financial Services Authority Sign Memorandum of Understanding, U.S. Imposes Sanctions on Iran Central Bank Governor, Barclays Boss Fined £642,000 Over Whistleblower Scandal, Vietnam Banker Gets $700 Million Fine and 30-year Jail Term for Embezzlement
This edition includes - DFSA Releases Consultation Paper No.120 - Proposed Changes to the DFSA’s AML, CTF and Sanctions Regime – Phase 2, DFSA Hosts Accounting Standard-Setters for Islamic Finance, ADGM Proposes a Regulatory Framework for Spot Crypto Asset Markets, UAE to Save $3 Billion with Blockchain Initiative, Barclays CEO Jes Staley Faces Fine Over Whistleblower Incident
This edition includes - DFSA Releases Consultation Paper No.117 Miscellaneous Changes, ADGM and Jersey Financial Services Commission Sign Statement of Co-operation Agreement, UAE Exchange Houses Ordered to Raise Standards by Central Bank, EU Banking Watchdog Sets Out 'Roadmap' To Regulate FinTech, Singapore Central Bank Fines Standard Chartered $4Million Over Money Laundering Breaches
This edition includes - DFSA Releases Consultation Paper 118 on AML, CTF and Sanctions Regime, ADGM Welcomes 3rd RegLab Cohort Applications with SME Focus, DMCC Issue License to Store Cryptocurrencies, Banks in Britain and U.S. Ban Bitcoin Buying with Credit Cards Over Credit Risk, U.S. Treasury Blacklists Latvian Bank with Alleged Ties to North Korea
This edition includes - DFSA and Central Bank of Bahrain Sign MoU, ADGM and Bahrain EDB Sign Region’s First MENA FinTech Agreement, UAE Removed from the EU Tax Blacklist, Kazakhstan Establish an International Financial Centre, KPMG Faces Probe Over Carillion Audit, HSBC Investigation Outcome Reached by US Department of Justice
This edition includes - DFSA Signs FinTech Agreements with Hong Kong Authorities, Amendments to DFSA Form Regarding CIR Returns, CNBC Unveils Plans for Middle East Headquarters in Abu Dhabi, ADGM Partners with Daman to Enhance Abu Dhabi’s Insurance FinTech, UAE Included in EU Tax Haven Blacklist, Dutch Subsidiary of Russia's Alfa Bank Raided in Money Laundering Inquiry
This edition includes - DFSA Grants Sarwa Digital Wealth Ltd In-Principle Approval for Innovation Testing Licence, ADGM Proposes New Remote Membership Framework, Central Bank of the UAE Releases Circular Regarding Saudi Arabia Corruption Arrests, FATF Updates Countries on List of Jurisdictions with Strategic Deficiencies
This edition includes - DFSA Releases Consultation Paper No. 115: Enhancing Our Funds Regime, ADGM and the French Financial Regulator Authorité Des Marchés Financiers Link Up to Advance Financial Innovations and Efforts, Saudi Arabia to Ease Foreign Investment Regulation, French Regulator Launches 'UNICORN' ICO Support Project, FINMA Investigating Initial Coin Offering Procedures, FCA Fines Merrill Lynch £34.5 Million For Failing to Report Transactions
This edition includes - DFSA Issues Statement on Cryptocurrencies, ADGM Launches Electronic Prudential Reporting System, Bahrain Open to Bitcoin and Digital Currency Experimentation, Saudi Arabia Loosens Rules for Licensing Asset Management and Other Investment Firms.
This edition includes - DFSA Alerts Public to Tax-Related Scams, ADGM and PwC Partnership to Focus on Financial Crime Prevention, First FinTech Bridge Between the UAE and the Capital Markets Authority of Kenya, Bahrain Issue Crowdfunding Regulations, Ex-Honduran Minister Pleads Guilty in US Money Laundering Case