News
The Central Bank of Kuwait (CBK) issued a guideline on sustainable finance for local banks.
December 04, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) proposed a directive on the calculation of net stable funding ratio (NSFR) for banks, along with the draft prudential standard on the transfer of assets and liabilities of designated institutions in resolution.
November 29, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) amended the Capital Adequacy Module (Module CA) of the CBB Rulebook Volume 1 for conventional banks and Volume 2 for Islamic banks.
November 08, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) announced that it is developing environmental, social, and governance (ESG) disclosure guidelines to assist companies with ESG integration and reporting against a broad range of ESG factors.
November 06, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) published the Intergovernmental Fintech Working Group's (IFWG) first regulatory sandbox report.
November 02, 2022
WebPage
Regulatory News
News
The Dubai Financial Services Authority (DFSA) published a thematic report on cyber risk assessment practices and announced that the Crypto Token regime will come into effect from November 01, 2022.
November 01, 2022
WebPage
Regulatory News
News
The Central Bank of Kuwait (CBK) announced the testing of a new Buy Now Pay Later (BNPL) product and a new e-wallet product within its regulatory sandbox.
October 23, 2022
WebPage
Regulatory News
News
The Qatar Central Bank (QCB) issued two circulars on the implementation of capital adequacy requirements (Pillar 1), based on Basel framework revisions as well as on the Islamic Financial Services Board (IFSB) 23 standard.
October 13, 2022
WebPage
Regulatory News
News
The Prudential Authority (PA), which was established under the auspices of the South African Reserve Bank (SARB), is proposing to amend banking regulations to incorporate the remaining components of the final Basel III post-crisis regulatory reforms issued by the Basel Committee.
September 30, 2022
WebPage
Regulatory News
News
The Bank of Mauritius (BOM) published guidelines on the use of cloud services and revised an existing guideline on cross-border exposure for banks.
September 07, 2022
WebPage
Regulatory News
News
The Central Bank of Kuwait (CBK), as part of its digital transformation strategy, plans to launch an advanced and improved digital portal for the banking sector.
September 06, 2022
WebPage
Regulatory News
News
The Saudi Arabian Monetary Agency (SAMA) updated the Regulatory Sandbox framework and granted permits to two fintech firms to operate under its Regulatory Sandbox.
August 31, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) published the supervisory guidelines for matters related to the prevention of banks or controlling companies being used for any money laundering, terrorist financing, or other unlawful activity.
August 16, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) published amendments to the outsourcing requirements and proposed revisions to the high-level controls module (Module HC) under Volumes 1 and 2 of CBB Rulebook.
July 25, 2022
WebPage
Regulatory News
News
The Dubai Financial Services Authority (Dubai FSA) announced that it will accept applications from local and international firms interested to join its Innovation Testing License Program.
July 20, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) published directives on liquidity risk and risk-return as well as proposed directives on completion of operational risk return (Form BA 410) and certain reporting requirements for banks.
July 01, 2022
WebPage
Regulatory News
News
The Bank of Mauritius (BOM) issued guidelines on stress testing and additional macro-prudential measures for the banking sector.
June 29, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) proposed to amend the cybersecurity requirements, in addition to amending the General Requirements Module of the CBB Rulebook.
May 23, 2022
WebPage
Regulatory News
News
The Dubai Financial Services Authority (Dubai FSA) updated certain Rulebook modules for financial sector entities, including banks, following the legislative amendment proposals set out in the consultation paper no. 142.
May 19, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) published Guidance Note 4/2022 on the proposed revised implementation dates for certain regulatory reforms under Basel III.
May 11, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) issued regulations applicable to crowdfunding platform operators, proposed revisions to outsourcing requirements, and published a circular on resolving discrepancies in the Bahrain Credit Reference Bureau, BCRB, reporting.
May 09, 2022
WebPage
Regulatory News
News
The Bank of Mauritius (BOM) issued guidelines on additional macro-prudential measures for banking sector, standardized approach to credit risk, and climate risk management.
April 01, 2022
WebPage
Regulatory News
News
The Saudi Arabian Monetary Agency (SAMA) granted two fintech firms permits to operate under its Regulatory Sandbox, licensed three new companies specialized in finance and electronic payments, and extended guaranteed financing program.
March 28, 2022
WebPage
Regulatory News
News
The Central Bank of Bahrain (CBB) is amending requirements under the operational risk management module (Module OM) of Volumes 1 and 2 of the CBB Rulebook for conventional banks and Islamic banks, respectively.
March 24, 2022
WebPage
Regulatory News
News
The Dubai Financial Services Authority (Dubai FSA) has set out proposals for a regulatory regime for persons wishing to provide financial services in respect of Crypto Tokens.
March 16, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) updated rules on the scope of application and matters related to the calculation and disclosure of the liquidity coverage ratio (LCR).
February 11, 2022
WebPage
Regulatory News
News
The Central Bank of Kuwait (CBK) issued comprehensive guidelines specifying requirements for establishing digital banks.
February 02, 2022
WebPage
Regulatory News
News
The South African Reserve Bank (SARB) published a Directive on the principles for operational resilience.
December 14, 2021
WebPage
Regulatory News
News
The Bank of Mauritius (BoM) has been removed from the list of high-risk countries under the UK Money Laundering and Terrorist Financing (Amendment) (No. 3) (high-risk countries) Regulations 2021.
December 06, 2021
WebPage
Regulatory News
News
The Bank of Ghana (BOG) published the revised Risk Management Directive and an exposure draft for the Corporate Governance Disclosure Directive.
November 26, 2021
WebPage
Regulatory News
