The Council of the Islamic Financial Services Board (IFSB) resolved to appoint its Chairperson and Deputy Chairperson for 2020. H.E. Nor Shamsiah Mohd Yunus, the Governor of Bank Negara Malaysia, or BNM, has been appointed to take over as the Chair of IFSB, while H.E. Mubarak Rashed Khamis Al Mansoori, the Governor of Central Bank of the United Arab Emirates (CBUAE), has been appointed as the Deputy Chairperson. The new appointments take effect from January 01, 2020.
H.E. Nor Shamsiah Mohd Yunus took over the chairpersonship of IFSB from H.E Fazle Kaber, the Governor of the Bangladesh Bank. H.E. Nor Shamsiah Mohd Yunus is the 9th Governor of Bank Negara Malaysia and assumed office on July 01, 2018. She chairs the Monetary Policy Committee, the Financial Stability Committee, and the Financial Stability Executive Committee of Bank Negara Malaysia.
Related Link: Press Release
Keywords: International, Banking, Chair, Deputy Chair, BNM, CBUAE, IFSB Chair, IFSB
Previous ArticleFED Proposes to Extend Initial Compliance Dates Under SCCL Rule
HM Treasury notified that, after considering all responses, the government intends to bring forward further legislation, when the Parliamentary time allows, to address issues identified in the consultation on supporting the wind-down of critical benchmarks.
EIOPA launched the 2021 stress test for the insurance sector in EU.
UK authorities jointly published the third edition of Regulatory Initiatives Grid setting out the planned regulatory initiatives for the next 24 months.
EC is requesting feedback on the proposed Commission Delegated Regulation on the content, methodology, and presentation of information that large financial and non-financial undertakings should disclose about their environmentally sustainable economic activities under the Taxonomy Regulation.
OSFI has set out the near-term priorities for federally regulated financial institutions and federally regulated private pension plans for the coming months until March 31, 2022.
Under the Italian G20 Presidency, BIS Innovation Hub and the Italian central bank BDI launched the second edition of the G20 TechSprint on the lookout for innovative solutions to resolve operational problems in green and sustainable finance.
ACPR published Version 1.0.0 of the RUBA taxonomy, which will come into force from the decree of January 31, 2022.
EBA proposed the regulatory technical standards on a central database on anti-money laundering and countering the financing of terrorism (AML/CFT) in EU.
ECB published its response to the targeted EC consultation on the review of the bank crisis management and deposit insurance framework in EU.
BCBS, CPMI, and IOSCO (the Committees) are inviting entities that participate in market infrastructures and securities markets through an intermediary as well as non-bank intermediaries to complete voluntary surveys on the use of margin calls.