FINTRAIL is producing a quarterly regulatory summary of any FinCrime changes that may be occurring across the Middle East.
This issue will cover:
Key updates from regional and local regulators
Key updates from industry guidelines
Additional insights identified from financial intelligence units
March 2021
Some key highlights include Saudi Arabia’s announcement of an open banking framework, an MoU to allow crypto firms to set up in Dubai, and numerous UAE government efforts to strengthen the national AML/CTF programme.
What other developments have caught your eye in the region?
If you are interested in speaking to the FINTRAIL team about any of the items in the REG-CAP, have any ideas for inclusion or want to discuss any other financial crime topic please get in touch at: contact@fintrail.co.uk