Tag "open finance"

UAE Central Bank Issues Open Finance Regulation: DLA Piper

The Central Bank of the United Arab Emirates (CBUAE) issued on April 23 two new fintech regulations, introducing the Open Finance Regulation and the Sandbox Conditions Regulation, a new post published by global law firm DLA Piper says. These regulations

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The Status Quo of Open Finance in the Arab World

In Arab countries, open banking is rapidly evolving into the more comprehensible model of open finance, expanding from payment accounts and related services, to a larger variety of financial services, including investments, pensions, insurance and consumer credit. With so many

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MENA Open Banking Pioneer Bahrain Moves Towards Open Finance

In the Middle East and North Africa (MENA) region, Bahrain is the undeniable leader when it comes to open banking, a position the country earned thanks to its financial regulator’s proactiveness in introducing formal regulations and implementing technical standards. Now,

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