Is the June 2015 deadline going to leave sufficient time for Panama to adopt the Financial Action Task Force’s (FATF) legal framework?
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Interviews & Viewpoints | Robert Williams, General Manager, Scotiabank Panama: Interview from The Report: Panama 2015
Articles & Analysis | Panama authorities work to strengthen banking sector from The Report: Panama 2015
Due to its openness to foreign financial institutions, dollarisation, low inflation and relative political stability, Panama remains a highly attractive regional financial centre. Recording strong performance in 2014, the country’s International Banking Centre (IBC), which contributes 7.5% to Panama’s GDP and comprises the national banking system (NBS) and international...
With a dollarised economy, low inflation and relative political stability, Panama remains a highly attractive regional financial centre. Recording strong performance in 2014, the country’s International Banking Centre, which contributes 7.5% to Panama’s GDP and comprises the national banking system and international banks, is well capitalised with total assets of some $111.4bn as of March 2015...
Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.
Economic update | Egypt’s IPOs fuel market momentum
31 Jul 2015
Recovering headline stability and new listings should both help to invigorate Egypt’s capital markets in the medium term, with investor appetite for assets across the region providing an additional boost.
Further solidifying the importance of Islamic finance in Brunei Darussalam’s developing capital market, the country’s financial regulator said in June it is preparing to issue long-term sharia-compliant bonds in the near future.