SWIFT

Policy & Legal Updates

ADX Integrates with SWIFT Network to Enhance Global Financial Connectivity

The Abu Dhabi Securities Exchange (ADX) has integrated into the SWIFT global messaging network by activating its Business Identifier Code. This connectivity upgrade enables standardized and automated financial communications with foreign institutional investors, international central securities depositories, and custodians. The initiative aims to enhance post-trade infrastructure and expand cross-border capital access.

China–UAE News

US Iran Sanctions Enforcement Constrained by China-UAE Banking and Trade Networks

An analysis published by Free Malaysia Today indicates that US attempts to enforce a zero-leakage sanctions regime against Iran face significant operational obstacles. Iran's oil trade, of which China purchased an estimated 90% prior to Hormuz disruptions, largely clears outside the US dollar system via renminbi settlements and shadow networks in Dubai, Hong Kong, and Singapore. Consequently, financial compliance scrutiny is intensifying across financial institutions operating within the China-UAE corridor.

China–UAE News

BRICS Summit Emphasises Multipolarity, Local Currencies, and Payment Interoperability

The 18th BRICS Summit in New Delhi brought together 11 member nations, including China and the UAE, under the theme of resilience, innovation, cooperation, and sustainability. Eurasia Review reports that the bloc prioritised local-currency trade settlements and payment interoperability over creating a common currency. The New Development Bank, with 100 billion dollars in authorised capital, was highlighted as the central vehicle for infrastructure and local-currency financing.