Bahrain: Central Bank Consults on Draft Crypto-Asset Platform Operators Framework
On December 18, 2018, the Central Bank of Bahrain (CBB) published a consultation paper on …
Israel Gets Nod From Money Laundering Task Force, Becomes Full Member
Israel has received top grades in a Financial Action Task Force (FATF) appraisal of its …
Bahrain: Central Bank Consults on New Rules on Open Banking and Amendments to Payment Service Providers Regime
On November 11, 2018, the Central Bank of Bahrain (CBB) launched a consultation paper on …
Israel: FATF Publishes Mutual Evaluation Report – December 2018
On December 10, 2018, the Financial Action Task Force (FATF) released the mutual evaluation report …
UAE: ADGM Develops e-KYC Utility
Latest update: December 4, 2018. The ADGM has announced the successful end of the first …
In Depth: Europe To Tackle Iran Sanctions Crisis With New Payment Measures
The European Commission will share proposals for possible new ways of facilitating payments between the …
Société Générale Hit With $1.34bn Fine For U.S. Sanctions Violations
Banking giant Société Générale has been handed the U.S.’ second largest-ever fine for “willful violations” …
Bahrain: Central Bank Standardises Merchant Presented QR Code Specifications
On November 13, 2018, the Central Bank of Bahrain announced the standardisation of the specifications …
New Rules Aim To Spark Open Banking Ecosystem In Bahrain
Banks in Bahrain will be made to facilitate third-party access to customer accounts under draft …