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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
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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
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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
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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
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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
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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
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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
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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
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The Central Bank of Kuwait (CBK) issued comprehensive guidelines specifying requirements for establishing digital banks.
February 02, 2022
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The Saudi Central Bank (SAMA) extended the Deferred Payment Program for three additional months from January 01, 2022 to March 31, 2022 for the micro, small, and medium enterprises (MSMEs) that continue to be affected by the COVID-19 precautionary measures.
January 12, 2022
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The Central Bank of Egypt (CBE) published a circular with instructions on emergency liquidity assistance to banks that are unable to meet their liquidity requirements.
January 10, 2022
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The Central Bank of the UAE (CBUAE) is extending certain measures of the Targeted Economic Support Scheme (TESS) until June 30, 2022, to support the continued economic recovery during pandemic.
December 20, 2021
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The Dubai Financial Services Authority (Dubai FSA) updated the Prudential Investment, Insurance Intermediation, and Banking Business Module of its Rulebook, following the finalization of a number of proposed legislative changes that had been set out in the Consultation Paper No. 139.
December 20, 2021
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The Central Bank of Bahrain (CBB) enhanced its regulatory sandbox framework to allow financial technology firms to test and experiment their ideas and solutions more efficiently and effectively.
December 07, 2021
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The Dubai Financial Services Authority (Dubai FSA) increases its focus on addressing cyber risk as it hosted the Cyber Risk Forum in November 2021 to raise awareness about cyber risks and promote cybersecurity maturity among companies operating in, or from, the Dubai International Financial Center (DIFC).
November 18, 2021
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The Central Bank of the United Arab Emirates (CBUAE) and the Bank Indonesia signed a memorandum of understanding (MoU) to promote cooperation in payment systems and digital financial innovation.
November 15, 2021
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Recent announcements from the Bank of Mauritius (BoM) include revisions to the guideline on dividend payments by deposit-taking institutions, a climate change pledge, and the issuance of a banking license to the Silver Bank Limited on November 11, 2021.
November 11, 2021
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The Central Bank of Bahrain (CBB) announced that it intends to address climate risks in phases.
November 08, 2021
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The Central Bank of the UAE (CBUAE) notified that the UAE Sustainable Finance Working Group has issued a high-level statement setting out the commitment to achieve the sustainability objectives and the net-zero 2050 ambition of UAE.
November 05, 2021
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SARB published supervisory guidelines for the advanced measurement approach to operational risk as well as discussion paper on the proposed valuation requirements for resolution planning purposes.
October 11, 2021
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The Bank for International Settlements (BIS) published a report on a multiple central bank digital currencies (mCBDCs) platform for cross-border payments.
September 28, 2021
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The Central Bank of the UAE (CBUAE) held a meeting that focused on plans for the gradual withdrawal of the extraordinary support measures that were introduced due to the COVID-19 pandemic.
September 23, 2021
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The Dubai Financial Services Authority (Dubai FSA) updated the Rulebook modules for banks, following consultation on a number of proposed legislative changes that were set out in the consultation paper no. 138.
September 22, 2021
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The Bank of Mauritius (BoM) updated the guidance on London Inter-Bank Offered Rate (LIBOR) transition.
September 17, 2021
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The Central Bank of Bahrain (CBB) issued a circular on the second phase of the open banking framework in Bahrain.
September 15, 2021
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The Central Bank of Egypt (CBE) published a circular that sets out general rules for preparing recovery plans for banks.
September 02, 2021
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The Bank of Mauritius (BoM) is proposed guidelines on the private banking business and on the general principles for use of cloud services.
August 26, 2021
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The Bank of Mauritius (BoM) is consulting on revisions to the guideline for banks licensed to carry on private banking business, with the consultation period ending on September 15, 2021.
August 26, 2021
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The Dubai Financial Services Authority (Dubai FSA) updated Rulebook modules for banks, following consultation on a number of proposed legislative changes that were set out in the consultation papers numbered 135, 137, and 140.
August 22, 2021
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The Saudi Arabian Monetary Authority (SAMA) published the key principles for governance in financial institutions under the control and supervision of the Saudi Central Bank.
August 18, 2021
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