Bank of Japan and Emirates Securities and Commodities Authority among 12 New Members of the IFSB – IFSB membership increases to 137

Two new regulatory and supervisory authorities have joined the IFSB membership, namely Emirates Securities and Commodities Authority, United Arab Emirates, which was admitted as an Associate Member, and Bank of Japan which joined as an Observer Member.

The Council has also admitted ten other new Observer Members. The IFSB members now total 137 comprising 35 regulatory and supervisory authorities, 5 international inter-governmental organisations and 97 market players and professional firms operating in 22 jurisdictions..

The newly admitted members are:

Associate Member:

1. Emirates Securities and Commodities Authority, United Arab Emirates

Observer Members:

1. United International Bank, Bahrain
2. Bank of Japan, Japan
3. Japan Securities and Dealers Association, Japan
4. Rasameel Structured Finance Company, Kuwait
5. Aseambankers Malaysia Berhad, Malaysia
6. Nomura Asset Management Malaysia Sdn Bhd, Malaysia
7. Al Salam Bank, Sudan
8. Animal Resources Bank, Sudan
9. Ahli Bank QSC, Qatar
10. Doha Bank, United Arab Emirates
11. National Bank of Umm Al Qawain (Islamic Banking Unit), United Arab Emirates

The full list of 137 IFSB members can be seen on www.ifsb.org. Their roles and responsibilities (by category) can be found in the IFSB Articles of Agreement which is downloadable from the website