Latest news with #2024AnnualReport
Ya Biladi
19 hours ago
- Business
- Ya Biladi
Morocco becomes first contributor to IOM's Resilience Fund
Morocco has become the first contributor to the International Organization for Migration's (IOM) Resilience Fund, announced IOM Director General Amy Pope on Monday. «We are proud to announce that Morocco has made an exceptional voluntary contribution to the newly launched IOM Resilience Fund, becoming the first Member State to do so», she wrote in a LinkedIn post. The IOM Resilience Fund is a global campaign aimed at raising USD 100 million in flexible funding to support the organization's core humanitarian operations and emergency responses for migrants and displaced populations. According to Pope, Morocco's contribution will help «ensure IOM remains agile, accountable, and ready to deliver for people on the move, wherever and whenever it's needed most», reinforcing the Kingdom's «leadership in global migration governance and solidarity with vulnerable communities on the move». «It embodies the very purpose of the Resilience Campaign: to mobilize flexible, unearmarked resources that allow IOM to respond swiftly to crises, strengthen field operations, and future-proof our core capacities, from emergency response to protection and counter-trafficking», she added. Announced alongside its 2024 Annual Report in June, IOM's Resilience Fund aims to protect essential systems, such as emergency aid delivery, data tools, and migration support, that helped over 26 million people across 186 countries last year. With only 5% of IOM's income currently coming from flexible sources, the fund is critical to maintaining rapid, needs-based responses and ensuring institutional stability.
RTÉ News
a day ago
- Business
- RTÉ News
Rise in number of women seeking cocaine treatment
Maebh Mullany, CEO of the Rutland Centre in Dublin, discusses its 2024 Annual Report that highlights a big rise in cocaine addiction last year
Fintech News ME
5 days ago
- Business
- Fintech News ME
FSRA Licenses 272 Firms in 2024 Amid Key Regulatory Reforms
The Financial Services Regulatory Authority (FSRA) of ADGM has released its 2024 Annual Report, detailing key regulatory developments and reaffirming its role in maintaining a high-standard regulatory environment for financial services. The report outlines the FSRA's continued efforts throughout the year to ensure its framework remains consistent with international standards, with a particular emphasis on financial crime prevention. Notable progress was made in areas such as digital asset regulation, supervisory alignment, and institutional transparency. A significant development in 2024 was the introduction of a dedicated regulatory framework for fiat-referenced tokens (FRTs), a category of stablecoins. The framework outlines specific requirements on reserve quality, governance, and redemption rights to support financial stability and investor protection. By formally recognising FRT issuance as a regulated activity, the FSRA aims to support responsible financial innovation within the jurisdiction. The FSRA also implemented proposals to align its supervisory practices more closely with the Core Principles for Effective Banking Supervision issued by the Basel Committee on Banking Supervision. In parallel, a new whistleblowing framework covering the entirety of ADGM was introduced, aimed at improving transparency and market integrity. On financial crime, the FSRA collaborated with national authorities and ministries to provide technical input for strengthening the UAE's anti-money laundering (AML) and counter-financing of terrorism (CFT) regime. These contributions supported the UAE's successful removal from the Financial Action Task Force (FATF) grey list in 2024. These initiatives, among others, have contributed to a more resilient, transparent, and innovation-supportive regulatory environment in ADGM. The FSRA also engaged extensively with domestic and international partners to advance regulatory standards and promote cross-border cooperation. The number of financial services firms licensed by the FSRA grew by 30% year-on-year to 272, the highest annual increase recorded to date, reflecting continued expansion within ADGM's financial ecosystem. The report further highlights the FSRA's commitment to workforce development, particularly through initiatives such as the Al Yah Programme, which provides UAE nationals with technical training, soft skills development, and structured mentorship. Looking ahead, the FSRA states that it remains committed to supporting sustainable financial growth and maintaining market confidence through innovation and collaborative regulation. Reflecting on the year, Emmanuel Givanakis, CEO of the FSRA, said: 'From streamlining our supervisory focus to continuing to enhance our regulatory framework, including for digital assets and sustainable finance, we have continued to build a trusted, risk-proportionate, and forward-looking regulatory environment. Looking ahead, we remain focused on deepening collaboration with stakeholders to ensure Abu Dhabi, and the UAE more widely, continues to thrive as a leading global financial hub.'
The Star
5 days ago
- Politics
- The Star
Special panel to drive sustainable development
Green politics: Fadillah (third from left) pointing to a replica of the Parliament building equipped with solar panels after the launch of the rooftop photovoltaic system at Parliament's banquet hall. — Bernama KUALA LUMPUR: A special committee to coordinate the implementation of United Nations sustainable development goals (SDGs) at the federal and state levels has been set up, says Datuk Seri Fadillah Yusof. 'I, along with fellow MPs, civil society organisations, academics and private sectors, will work together to advance (SDGs) and help the people,' the Deputy Prime Minister said, Bernama reported. He said this at the launch of the 2024 Annual Report of the All-Party Parliamentary Group Malaysia-SDG (APPGM-SDG) at Parliament on Wednesday. As of 2024, a total of 115 parliamentary constituencies have been involved in strategies for more systematic and broader adoption of the SDGs at the grassroots level, Fadillah said. These methods included issue mapping, forming action plans and implementing community-based projects aligned with the SDGs. Fadillah, who is also Minister of Energy Transition and Water Transformation, welcomed APPGM-SDG's initiative to establish zonal and regional SDG Community Centres, which enabled communities to share resources, foster cross-parliamentary collaboration and build collective resilience. 'This regional approach aligns with the government's policy to strengthen local capacity and accelerate policy implementation at the district and state levels,' he said. As the Decade of Action for the SDGs progresses, Fadillah said the APPGM-SDG report serves as an essential reference for policymakers, local leaders and the public, as it lists achievements and identifies remaining gaps that need to be addressed. 'The 2024 APPGM-SDG Annual Report is more than just a report, as it is a roadmap and a reflection of our collective ambition to build a just, inclusive and sustainable Malaysia by 2030 and beyond.'
Barnama
6 days ago
- Politics
- Barnama
Cabinet Sets Up Special Committee To Drive SDGs
REGION - CENTRAL > NEWS KUALA LUMPUR, July 24 (Bernama) -- The Cabinet has approved the establishment of a special committee to coordinate the implementation of sustainable development goals (SDGs) at the federal and state levels, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Tasked with chairing the committee, Fadillah, who also serves as Minister of Energy Transition and Water Transformation, called on all MPs to give the matter special attention. 'InsyaAllah, I, along with fellow MPs including non-governmental organisations, civil society organisations, academic and private sectors, will work together to advance (the SDG implementation) and help the people,' he said in his speech at the launch of the 2024 Annual Report of the All-Party Parliamentary Group Malaysia-SDG (APPGM-SDG) at Parliament building today. bootstrap slideshow He said that as of 2024, a total of 115 parliamentary constituencies across the country have been involved in issue mapping, the formulation of action plans, and the implementation of community-based projects aligned with the SDGs, which paves the way for a broader and more systematic adoption of the SDGs at the grassroots level. He also welcomed APPGM-SDG's initiative to establish zonal and regional SDG Community Centres, which enable communities to share resources, foster cross-parliamentary collaboration, and build collective resilience. 'This regional approach aligns with the government's policy to strengthen local capacity and accelerate policy implementation at the district and state levels,' he said. As the Decade of Action for the SDGs progresses, Fadillah said the APPGM-SDG report serves as an essential reference for policymakers, local leaders, and the general public, as it underscores achievements and identifies remaining gaps that need to be addressed. 'The 2024 APPGM-SDG Annual Report is more than just a report, as it is a roadmap and a reflection of our collective ambition to build a just, inclusive, and sustainable Malaysia by 2030 and beyond,' he added. -- BERNAMA
