Treasury updates sanctions: Treasury has updated the sanctions lists in respect of redesignations under terrorist asset freezing regulations and Zimbabwe. (Source: Treasury Updates Sanctions)
Treasury extends Help to Buy to home purchase plans: In a speech at Euromoney's Annual Islamic Finance Summit, Sajid Javid MP, the Financial Secretary to Treasury, announced the extension of the Help to Buy scheme to Shariah compliant home purchase plans. He also referred to the reasons for the UK being such a good location for Islamic finance and reminded the audience of the announcements David Cameron made at the World Islamic Economic Forum. (Source: Financial Secretary on Islamic Finance and Help to Buy)
UK and Singapore to increase financial services cooperation: Treasury and the Ministry of Finance of Singapore and the Monetary Authority of Singapore have agreed to set up a UK-Singapore Financial Dialogue and a private sector forum on the offshore Renminbi market. (Source: UK and Singapore Agree to Increase Financial Services Cooperation)
