Financial Regulation
- UAE
UAE Central Bank Bans WhatsApp for Customer Communication to Strengthen Data Security
Financial institutions were instructed to submit updates on their compliance by April 30 The Central Bank of the UAE (CBUAE)…
Read More » - UAE
UAE Tightens AML Rules to Strengthen Risk Controls and Financial System Integrity
New guidance tightens checks on clients, trade flows and financial risks The UAE has rolled out updated anti-money laundering and…
Read More » - Turkiye
Turkiye Extends Short-Selling Ban on Borsa Istanbul to Curb War-Driven Market Volatility
Türkiye’s capital markets regulator has extended a ban on short selling in equities trading on Türkiye’s stock exchange, Borsa Istanbul,…
Read More » - Turkiye
Turkish Capital Markets Board bans short selling for the week
An increase in geopolitical tensions in the region has led the Capital Markets Board of Türkiye (SPK) to impose a…
Read More » - Turkiye
Turkiye Plans Tougher Market Fraud Penalties Targeting Indirect Beneficiaries
The Turkish government is planning to introduce tougher punishments for market fraud than originally proposed, including penalties for those who…
Read More » - UAE
UAE Issues New Cabinet Decision to Strengthen Global Tax Transparency and Information Sharing
Ruling sets unified legal framework for responding to overseas tax information requests The UAE has issued a new Cabinet decision…
Read More » - Business
Digital dollar stablecoin adoption could hit $730 billion in emerging markets
S&P Global indicates wealth preservation, remittances, and digital assets are driving stablecoin adoption Foreign currency stablecoin uptake across a representative…
Read More » - Turkiye
Turkiye Tightens Banking Rules as MASAK Mandates Disclosure for High-Value Money Transfers
Money transfers of 200,000 Turkish Liras (around $4,600) and above will require banks to record both the source of the…
Read More » - UAE
UAE to Begin Sharing Digital Asset Financial Data Globally Under OECD’s CRS 2.0 Framework
Move aligns with global efforts by OECD to expand tax transparency to new asset classes The UAE will begin sharing…
Read More » - Turkiye
Turkiye to Tighten Monitoring of Large Cash and Wire Transfers Under New FATF Compliance Rules
Türkiye’s Financial Crimes Investigation Board (MASAK) is working on a regulation aimed at strengthening compliance with Financial Action Task Force…
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