Regulatory authorities in Abu Dhabi have proposed a legislative framework to bring more order to crypto asset activity in the region and to attract institutional investors.
The Egyptian government has approved a draft law to launch the country’s first ever sovereign wealth fund (SWF).
The Dubai International Financial Centre (DIFC) has launched an initiative to attract more global businesses to the emirate and enlarge the financial services sector.
The Islamic Financial Services Board (IFSB) has issued three draft proposals concerning the regulation of sharia-compliant capital markets products.
HSBC Saudi Arabia has been selected as the custodian by Saudi Fransi Capital (SFC) for its range of private and public funds.
The Dubai Financial Services Authority (DFSA) has granted an asset management licence to Middle East Venture Partners (MEVP) Capital making it one of the first authorised venture capital asset managers in the UAE.
A high court judge in the UK has ruled in favour of investors holding $700 million of Islamic bonds (sukuk) issued by UAE-based energy producer Dana Gas which last year refused to redeem the bonds on the grounds that they were no longer Shariah-compliant or legal in the UAE.
The Dubai Financial Services Authority (DFSA) has issued the findings of its review into client classification and suitability practices at regulated firms and found that, while these practices have improved since the last review in 2012, concerns still remain.
The Australian Securities and Investments Commission has agreed a financial technology partnership with the regulator of the Dubai International Financial Centre.
The Monetary Authority of Singapore has built on an existing agreement with the Abu Dhabi Global Market (ADGM) to strengthen collaboration on regulation.
Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.
Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.
Saudi Arabian index inclusion, the onset of taxes and the Dana Gas controversy were among the issues discussed by our cross-industry panel. Chaired by George Mitton in Dubai.
The move to a three-day settlement cycle, the appearance of new stock exchanges, and recent rules on hedge funds were discussed by our panel in Cape Town. Chaired by George Mitton.
