- in the category: Regulatory Update: Middle East
This edition includes: DFSA Takes Action Against Morgan Gatsby Limited, Summary of Proposed FSRA Changes in Consultation Paper No. 5 of 2019, Economic Substance Update, FATF Hosts Forum for Regulators on Supervising Virtual Assets, Bank of China Settles Money Laundering Case for $4 Million.
This edition includes - Introduction of CPD Requirements for SEOs and COMLROs, ADGM Publishes Consultation on Proposed Amendments to Commercial Legislation, Saudi Arabia Bans Firms from Having Both Insurance and Reinsurance Businesses, FCA Fines PPC for Misleading Consumers and Banks.
This edition includes: DFSA Releases Consultation Paper No. 125 – Proposal for Money Services, FSRA Makes Amendments to AML, GEN, COB Modules, FATF Updates Countries on List of Jurisdictions with Strategic Deficiencies, ADGM Signs Collaboration Agreements.
This edition includes - DFSA Opens Applications for its 2020 Regulatory Sandbox Winter Cohort, FSRA Publishes Regulatory Guidance for APIs, FCA Fines Tullett Prebon £15.4 million, FATF Releases Best Practices on Beneficial Ownership for Legal Persons.
This edition includes - Saudi Capital Market Authority Approves Multiple FinTech “Experimental Permits” for Equity Crowdfunding, Thirty One Start-ups to Participate in DIFC FinTech Hive’s 2019 Accelerator Programme, Insider Dealer Sentenced in the UK for Money Laundering Charges.
This edition includes - FSRA Admits 4th RegLab Cohort and Announces Successful RegLab Graduates, Bulgarian Bank Fined $569,930 for Data Breach, DFSA Releases Consultation Paper No. 127 – Miscellaneous Changes, Central Bank of Bahrain Approves First Middle Eastern Cryptocurrency Exchange.
This edition includes - ADGM Deepens Financial Collaborations and Economic Ties with China, DFSA Fine Two Abraaj Group Companies for Deceiving Investors and the Regulator, Outcomes of the June FATF Plenary, SEC Charges Portfolio Manager with Mispricing Fund Investments
This edition includes - Norwegian Regulator Fines Santander Bank $1 Million for Anti-Money Laundering Breach, ADGM Joins Network for Sustainable Financing, Global Financial Innovation Network Publishes Year Review Report, DFSA Makes Amendments to Rulebook.
This edition includes - DFSA Releases Dear SEO Letter Regarding FATCA Reporting Obligations, FRSA Enhances Guidance on Regulation of Crypto Asset Activities, Eight People Arrested for Operating Money Laundering Scheme Through Cryptocurrency, G20 Countries to Devise Crypto Standards.
This edition includes - DFSA Takes Action to Protect the Integrity of Islamic Finance, ADGM’s FSRA Fines Eshara Capital Ltd for Financial Reporting Violation, Oman Likely to Introduce Bankruptcy and Insolvency Law in 2019, Money Laundering Fines in the UK Increase by 91% in 2018
This edition includes - DFSA Hosts Financial Crime 2019 Conference, ESCA, ADGM and DFSA Launch Fund Passporting Legislation, ADGM Takes Part in Annual Privacy ‘Sweep’ to Contribute to Global Data Protection Compliance Efforts, CBB Allows Short-Selling and Lending of Securities, German Financial Regulator Issues Paper on Blockchain Securities Regulation
This edition includes - DFSA Suspends Licence of Morgan Gatsby Limited, ADGM & The Australian Securities and Investments Commission Sign Agreement to Enhance Collaboration, ADGM Courts Establish Digital Notary Public Office, EU Reject Proposed Blacklisting of Saudi Arabia, Iran Given Four Months to Tighten Laws Against Money Laundering