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Regulatory

Oman Issues Comprehensive Regulatory Framework for Digital Banks, Effective June 2025

Oman Issues Comprehensive Regulatory Framework for Digital Banks, Effective June 2025

The Central Bank of Oman has introduced a comprehensive regulatory framework governing the licensing and operation of digital banks in the Sultanate,...…

FAB, IHC and ADQ Announce Plans to Launch UAE Dirham-Backed Stablecoin

First Abu Dhabi Bank, International Holding Company, and ADQ have announced plans to launch a stablecoin backed by the UAE Dirham, fully regulated by the...…

Bank Dhofar Completes Acquisition of Bank of Baroda's Oman Operations

Bank Dhofar Completes Acquisition of Bank of Baroda's Oman Operations

BankDhofar has completed the acquisition of Bank of Baroda's Oman operations, with the transfer of all assets and liabilities effective from 1 April 2025.…

ADCB Launches Meedaf to Transform Financial Services Operations Across the GCC

ADCB Launches Meedaf to Transform Financial Services Operations Across the GCC

Abu Dhabi Commercial Bank has unveiled Meedaf, an ADGM-licensed financial services venture designed to help banks across the GCC modernise their cash...…

CBB Releases Updated Fit and Proper Requirements Module for Financial Institutions

CBB Releases Updated Fit and Proper Requirements Module for Financial Institutions

The Central Bank of Bahrain has published a revised Fit and Proper Requirements Module, setting stricter standards for the appointment and ongoing...…

AI Governance at Scale: From Policy to Control Systems

AI Governance at Scale: From Policy to Control Systems

How banks are scaling AI governance from isolated policies to enterprise-wide control systems - and why most frameworks designed on paper need radical adaptation.…

D360 Bank Partners with Mozn to Accelerate Digital Banking Security

D360 Bank Partners with Mozn to Accelerate Digital Banking Security

D360 Bank has integrated Mozn's AI-driven anti-money laundering compliance solution, FOCAL, to strengthen its financial crime prevention framework as it...…

Al Baraka Islamic Bank Becomes the First Bank in Bahrain to Achieve Open Banking Compliance

Al Baraka Islamic Bank Becomes the First Bank in Bahrain to Achieve Open Banking Compliance

Al Baraka Islamic Bank has become the first bank in Bahrain to achieve compliance with the Central Bank of Bahrain's Open Banking Framework for corporate...…

CBB Issues Enhanced National e-KYC Framework to Strengthen Digital Identity Verification

CBB Issues Enhanced National e-KYC Framework to Strengthen Digital Identity Verification

The Central Bank of Bahrain has issued an enhanced National e-KYC framework, strengthening digital identity verification standards across the kingdom's...…

STC Bank Launches Full Banking Operations in Saudi Arabia After SAMA Approval

STC Bank has commenced full banking operations in Saudi Arabia after receiving no-objection from the Saudi Central Bank (SAMA), becoming the second digital...…

CBB Introduces Funds Passporting Regime for Cross-Border Investment Fund Registration

CBB Introduces Funds Passporting Regime for Cross-Border Investment Fund Registration

The Central Bank of Bahrain has implemented a new Funds Passporting Regime, enabling investment funds licensed in Bahrain to be registered and distributed...…

Central Bank of Oman Approves Landmark Open Banking Regulatory Framework

Central Bank of Oman Approves Landmark Open Banking Regulatory Framework

The Central Bank of Oman's Board of Governors has officially approved the country's open banking regulatory framework, establishing the rules for secure...…