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Karl Masi

The Saudi Central Bank (SAMA) has introduced the new “Fees Guide for Financial Institutions’ Services”, set to replace the current Banking Tariff.

This initiative reinforces SAMA’s commitment to customer protection, transparency, and financial inclusion. The new Guide aims to ensure fair and reasonable fees, improve disclosure standards, and support digital transformation by

In the first instalment of our global horizon scanner series, our team consider the growing trend of increased regulatory enforcement relating to anti-money laundering.

Although there is some variation in these priorities between regulators, we have seen an increase across the board in enforcement actions. We take a look at jurisdictions where there have been

  • The new CBUAE AML Law and the new Central Bank governing law.
  • CBUAE’s 2025 Exchange Business Regulations and potential overlaps with existing retail payment services and stored value facility

In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market. In this latest episode Karl Masi and Hasanali Pirbhai from our Dubai office provide a regulatory update for the UAE. This includes the FATF’s onsite assessment this

On 20 August 2024, the Financial Services Regulatory Authority (the FSRA), the financial services regulator in the Abu Dhabi Global Market, published Consultation Paper No. 7 of 2024 (CP7) on a proposed regulatory framework for the issuance of stablecoins that are backed by a fiat currency, or what CP7 refers to as

In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market. In this latest episode Matthew Shanahan, Karl Masi and Hasanali Pirbhai from our Dubai office discuss recent UAE regulatory developments including the UAE’s removal from the FATF