Arab Monetary Fund, a regional organization based in Abu Dhabi (United Arab Emirates), with the objective of laying monetary foundations of Arab economic integration and accelerating the process of economic development in Arab Countries.
As the implementation phase of (BUNA) The Arab Regional Payments Clearing and Settlement Organization, we are looking for a responsible Senior IT Operation (DevOps) Administrator to join our founding team
As the implementation phase of (BUNA) The Arab Regional Payments Clearing and Settlement Organization, we are looking for a responsible Software Test Engineer to join our founding team.
As the implementation phase of (BUNA) The Arab Regional Payments Clearing and Settlement Organization, we are looking for a responsible Senior Network & Security Administrator to join our founding team.
The Arab Monetary Fund (AMF) holds a virtual workshop to spread further the knowledge of Buna functions and future plans
More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of financial institutions
Abu Dhabi, 1 July 2021: The Arab Monetary Fund (AMF) holds today, Thursday July 1st, 2021, a special workshop to propagate additional knowledge on Buna, the cross-border and multi-currency payment system owned by the AMF, covering various elements related to Buna activities and future plans.
During this workshop, Buna executive team will be enriching the current acquaintance of the banking community with Buna’s innovative solutions and its concrete contribution to the development of the payment sector in the Arab region and beyond, by addressing a diversified list of topics including operations, products roadmap, settlement model, as well as security and compliance frameworks.
The workshop will host more than 200 senior officials representing Arab and international central banks, along with various institutions from the financial, banking and payment sectors in the region and beyond, seeking valuable information about Buna’s recent plans and developments.
Great opportunities for enhancing financial services by fostering the use of
DLT/ Blockchain Technologies in Arab Countries
Guidelines and roadmap on how to embrace these technologies in
the financial sector, how to employ it properly and the related requirements
The Arab Monetary Fund (AMF) issued today Tuesday, August 17, 2021, Policy Guide on “Strategies for Adopting DLT/ Blockchain Technologies in Arab Countries” prepared by the Arab Regional Fintech Working Group (WG), which AMF has its technical secretariat. The guide is being issued in the framework of the Fund's endeavours to promote awareness of the requirements for developing Fintech industry and supporting digital financial transformation efforts in Arab countries.
The guide aims to provide policy directions on how to adopt these technologies in the financial sector, how to employ them properly, the related pre-requisites; thereby improving the efficiency of financial and banking services and enhancing support for digital financial transformation and financial inclusion efforts. The guide elaborates on the various types of Distributed Ledger Technologies (DLT) and blockchain, clarifies common myths and misconceptions about them, highlights their governance methodologies, and the initiatives of different countries in adopting these technologies and how to formulate national strategies.