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ADGM issues public consult on framework for PFPs

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, on Wednesday published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms (PFPs) in ADGM. The consultation paper follows positive feedback received from the industry in response to the March discussion paper issued by the Financial Services Regulatory ...

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Ireland to back UK request to delay Brexit

Bloomberg Ireland would back any request by the UK to stay in the European Union after March 2019, Irish Foreign Minister Simon Coveney said, the first senior EU official to publicly raise the prospect of Brexit being delayed. The Irish government would “absolutely” support the British government if it sought more time for negotiations with the bloc, Coveney told BBC ...

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Bodyguard row: Macron aims to contain damage

Bloomberg A week after the scandal of the French president’s bodyguard broke, Emmanuel Macron is finally trying to steady the ship. With surveys showing voters were demanding an explanation from their head of state after Le Monde newspaper released videos of his private bodyguard beating demonstrators at a May Day protest, Macron addressed a private meeting of his lawmakers and ...

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