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  • Foundation Laid For Pan-European Instant Payment Solutions

    Date 30/11/2016

    • Technical framework for instant payments in euro approved
    • Euro Retail Payments Board, chaired by the European Central Bank, initiated the work on the scheme
    • Framework for mobile payment solutions will be available from end-2017

  • World Economic Forum: ASEAN Market Now More Accessible Than European Union, United States

    Date 30/11/2016

    · The nations that comprise ASEAN now represent a more open market than either the European Union or the United States, according to the Global Enabling Trade Report 2016.

    · Singapore, Hong Kong SAR and European economies still dominate the highest ranks of the Enabling Trade Index, which measures capacity for facilitating the flow of goods across borders, not just access to markets.

    · Trade and economic development are strongly linked, but more effort is needed to ensure that trade is inclusive. Actions such as improving border administration can produce quick results, but progress has stagnated since 2014.

    · For more information on the report, click here.

  • Bank Of England - Stress Testing The UK Banking System: 2016 Results

    Date 30/11/2016

    Bank Of England hs announced the results of our 2016 stress test of the UK banking system. 

  • Bank Of England: Financial Stability Report Explained

    Date 30/11/2016

    Today the Bank of England has published our latest Financial Stability Report, which sets out our Financial Policy Committee’s view on the UK financial system’s stability and an assessment of any risks to it.  

  • Dubai International Financial Centre Honours Sacrifice Of UAE Soldiers

    Date 30/11/2016

    The flag of the United Arab Emirates was officially lowered over the Dubai International Financial Centre this morning, in line with other government and semi-government entities, to mark the UAE Commemoration Day. The international financial centre’s 1,500 companies and 21,000 workers took a moment to reflect on the ultimate sacrifices made in the name of the country, its values and principles through a minute’s silence at 11:30am followed by the National Anthem.