United Arab Emirates (UAE)
UAE central bank announces new cyber security centre
Gulf state saw huge increase in cyber attacks in 2020
UAE partly decriminalises passing bad cheques
New law meant to encourage recovery, justice and more modern forms of payment
Report accuses Georgieva of changing data under Chinese pressure
IMF head rejects allegations made by World Bank-commissioned independent report
UAE’s central bank connects RTGS system to Swift tool
New initiative allows participants to monitor progress of transactions in real time
People: UAE president restructures central bank board
Cleveland Fed appoints senior vice-president to head project on improving US Treasury’s tax collection
UAE names new central bank governor
President appoints deputy to top role as former governor resigns after one year in post
Financial market infrastructure services: Bloomberg
Bloomberg’s responsive deployment of new liquidity capabilities helped emerging-market central banks cope with pandemic market disruption
BIS and central banks partner to create CBDC ‘bridge’
Cross-border project will link up digital currencies of China, Hong Kong, Thailand and the UAE
People: new vice-governors in Burundi and the UAE
Plus appointments at the CFTC and Caribbean Development Bank
Central Bank of the UAE prepares to gain insurance powers
Insurance Authority is being merged into CBUAE as part of bid to become “top 10” central bank
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
UAE central bank opens new fintech office
New office aims to attract international investors, central bank says
UAE steps up AML/CFT monitoring
New “smart” system forms latest cog in effort to stem illegal money transfers
UAE president replaces central bank governor
Veteran banker appointed shortly after central bank unveils large-scale emergency finance package
Central banks’ gold buying falls sharply in crisis
New Fed facility may further reduce incentives to buy gold, Hungarian official says
Sudanese government fires central bank board
Recently-appointed governor remains in post as new regime confronts economic crisis
UAE, Bahrain and Nambia team up to tackle money laundering
Common framework will help nations share and analyse AML/CFT data
UAE central bank launches fintech office
Central bank will look to establish a regulatory interface with the market as part of new fintech strategy and roadmap