The economic stress that accompanied the pandemic is easing and we forecast real GDP growth to average 3.7% in 2023

Amendments have been made to the Insurance (Nomination of Beneficiaries) Regulations 2009, to enable insurers to provide these options from 2 January 2024.

The covered banks' operating profit/average risk-weighted assets (RWAs) ratio weakened to 4.2% in 1Q23 (4Q22: 8.8%).

The amendments to the regulations and guidelines enter into force on 1 September 2023.

Formulate special administrative regulations to bring private equity investment fund business activities into a legalized and standardized track for supervision, which is conducive to better protecting the rights and interests of investors and promoting the standardized development of the industry.

This publication follows that of the Commission Delegated Regulations 2023/1193.

The Rulebook is a service provided by the Central Bank of the UAE to the public, offering access to the regulations, standards and guidelines it has issued.

The Office of the Securities and Exchange Commission (SEC) is seeking public comments on proposed subordinate regulations under the Emergency Decree on Special Purpose Juridic Persons for Securitization B.E. 2540 (1997) (SPV Act)* to provide private sectors with clear guidelines for conducting business and complying with the law.

In the fast-paced digital era, cyber and information risk management has become a critical aspect for businesses operating in the financial sector in Zambia.

– Scope of application to also include certain credit providers and credit intermediaries from 1 July 2023