The Central Bank of the United Arab Emirates and the Arab Monetary Fund have signed an agreement to offer clearing and payment settlement services in Emirati Dirhams, AED
BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in the country
The European Securities and Markets Authority has published the results of its third stress test exercise for the EU’s 16 CCPs which found that “concentrated positions represent a significant risk”
Northern Trust has been selected by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre funds in the Middle East
EACH has responded to the ESMA first report for the consultation “Technical standards on reporting, data quality, data access and registration of Trade Repositories under EMIR REFIT”