Central Bank of Bahrain issues draft rules on Robo-advice

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The Central Bank of Bahrain (CBB) has issued for consultation draft directives on “Digital Financial Advice” (also known as Robo-advice), enabling its licensees to use technology to offer financial advice to their clients, as per TradeArabia News Service. The proposed directives cover the key requirements applicable to licensees who wish to use a digital financial advice tool as well as the prudential...
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