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Strengthening Bahrain’s financial system through fintech
Khalid Al Rumaihi, chief executive of the Bahrain Economic Development Board, believes that learning from more advanced foreign influences will help Bahrain fast track innovation while securing a sound financial system in the country.
"I’m not going to anticipate an impact from the Trump administration, as they are incoherent"
Barney Frank, an ex-congressman of the United States, key architect and part-namesake of the Dodd-Frank Act, speaks to The Asian Banker about US President Trump’s attempts to change the bill, which he described as a “disaster”. In February, Trump signed an executive order to review the mammoth regulatory system put in place after the 2008 financial crisis with the US Treasury Secretary expected to report his findings in June.
At odds with Dodd-Frank
In a matter of weeks US President Donald Trump’s administration will lay bare how they wish to regulate banks and markets. After months of scathing remarks about the Dodd-Frank Act, any clarity on exactly how Trump wishes to overhaul the system is welcomed by both detractors and supporters. But how much change should be expected?
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