US Regulator Clarifies Stance on Crypto Dealings for Banks
The Federal Deposit Insurance Corporation (FDIC) has clarified its position on banks’ involvement with cryptocurrency, revealing that while it advised…
PSX Issues Comprehensive Guidelines on Stock Splits for Listed Companies
The Pakistan Stock Exchange (PSX) has announced the issuance of comprehensive guidelines for stock splits, following approval from the Securities…
Central Bank of Oman Approves Open Banking Regulations and 2025 Budgets
The Central Bank of Oman (CBO) concluded its fourth Board of Governors meeting for the year on December 29, 2024,…
Minister Leghari Advocates Nationwide Implementation of ECBC 2023 for Energy Efficiency
Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari has called for the nationwide implementation of the Energy…
Thailand Strengthens Financial Policies to Address High-Risk Transactions and Sanctions Risks
The Anti-Money Laundering Office (AMLO) and the Bank of Thailand (BOT) are intensifying efforts to mitigate risks within the Thai…
AVM Muhammad Amir Hayat Reappointed as Acting CEO of PIA Amid Privatization Efforts
Air Vice Marshal (AVM) Muhammad Amir Hayat has been reappointed as the Acting Chief Executive Officer (CEO) of Pakistan International…
AAOIFI Issues Five Governance Standards on Shari’ah Governance
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has announced the issuance of five new governance standards on…
SBP Introduces Revised Regulatory Framework for Exchange Companies to Strengthen Governance and Compliance
The State Bank of Pakistan (SBP) has introduced a revised and consolidated Regulatory Framework for Exchange Companies (RFEC), aimed at…
SBP’s Final Deadline for National Prize Bond Redemption Approaches on December 31, 2024
The State Bank of Pakistan (SBP) has issued a reminder to the public that the final deadline for redeeming, encashing,…
SBP Sets December 31 Deadline for National Prize Bond Redemption
The State Bank of Pakistan (SBP) has issued a reminder to the public that December 31, 2024, marks the final…