UAE: Financial Authority Launches Annual Report 2017
On May 21, 2018, the Dubai Financial Services Authority (DFSA) released its annual report providing …
UAE: Banning Surcharges on All Credit Card Transactions Proposed
H.E. Eng. Sultan bin Saeed Al Mansouri, the minister of economy of the United Arab …
UAE: Regulatory Framework for Stored Values and Electronic Payment Systems
The government of the United Arab Emirates (UAE), through the central bank, has issued a …
Abu Dhabi: Amendments to the Data Protection Regulations
The Abu Dhabi Global Market (ADGM) and the Registration Authority have issued a consultation paper …
ADGM and FCA Consult on the Creation of Global Financial Innovation Network
On August 7, 2018, the Abu Dhabi Global Market (ADGM) and the UK Financial Conduct …
Bank Of Israel Consults Fintech Sector On Open Banking Standards
Israel’s banking and payments regulator has launched a consultation on introducing standards for application programming …
Israel: Central Bank Announces Project for Regulating API Standards for Open Banking
On August 6, 2018, the Bank of Israel published a call for information on the …
Evolving Sanction Evasion Techniques Put MSBs In The Spotlight
Legitimate money services businesses (MSBs) are finding themselves drawn into the battle against sanctions evasion, …
Bank Of Israel Throws Curveball In Card Company Spin-Off
Israel’s attempts to inject competition into its payments sector have taken another twist, after the …