03/08/2015
Call for strict control ‘measures’ in banks
Al-Tureiji questions finmin
Legal, Tax, Regulation & Compliance
03/06/2015
Tight regulation in Qatar ensures stability
A convergence of factors is ensuring stability, growth and, most importantly for oil-dependent nations, sustainable diversification of the economy
03/05/2015
Bank of Beirut UK unit fined for misleading UK regulator
The Bank of Beirut repeatedly provided the regulator with misleading information after it was required to address concerns regarding its financial crime systems and controls.
03/04/2015
Global law firm opens fully integrated office in Saudi Arabia
The firm has further formalised its existing offering in Riyadh with the opening of its fully integrated office.
03/04/2015
Norton Rose Fulbright advises HSBC, Mashreqbank and Arab Banking Corporation in relation to a US$340 million term and revolving facilities for Bahrain Steel
The Norton Rose Fulbright team was led by Dubai partner Matthew Escritt, assisted by senior associate Martin Botik (Dubai).
03/04/2015
Saudi Market Regulator Says Suspects Insider Trading In Mobily Shares
The firm slashed its profits for 2013 and the first half of 2014 by a combined $381 million, citing accounting errors
03/04/2015
Turkey Finans Katilim Bankasi A.S. receives a License from the Central Bank of Bahrain
The bank was formally founded in 1991
03/04/2015
Al-Jarallah reiterates Kuwait commitment to fight money laundering
Foreign Ministry Undersecretary Khaled Al-Jarallah on Wednesday chaired a meeting for the committee in charge of implementing the UN Security Council resolutions on fighting money laundering and terrorist financing.
03/04/2015
National Bank of Fujairah’s trading to be suspended on March 18
National Bank of Fujairah’s AGM will be held at 12pm on the March 18
03/03/2015
Seven new trends in post-crisis financial regulation
Sharma identified seven trends in global financial regulation that he has observed, pivoting around the emergence of a new regulatory paradigm that has seen the rise of the discretionary regulator and implementation of regulations beyond depositor, policy
03/03/2015
Awad Advisory announces move to DIFC and rebranding as Awad Capital
The firm will offer a broad range of strategic financial advisory services
02/27/2015
Israel regulator seeks bank provisions to cover possible tax settlements-Army radio
Citing an unnamed source, the radio said the request was made to Hapoalim, Israel's largest bank, and Mizrahi Tefahot, the fourth biggest.
02/26/2015
Erdogan’s attack on central bank knocks Turkish sentiment
Babacan, who is in charge of the economy, met Prime Minister Ahmet Davutoglu for more than two hours late on Wednesday after Erdogan questioned whether the bank was under external influence and slammed its interest rate policy.
02/25/2015
CBB tightens rules on banker bonuses
Central Bank of Bahrain Governor Rasheed Al Maraj said the amendments to the CBB Rulebook on remuneration rules for licensed banks were brought in to better protect shareholders and other stakeholders.
02/25/2015
Ex-Leeds United managing director applies for private prosecution over 'deceitful' Dubai incarceration
I have now been held approaching 300 days without questioning, charge or trial
02/24/2015
Watchdog warned over possible penalty for Bank Asya action
If the meeting is not held soon, we will be obliged to pay compensation
02/23/2015
DIFC Drives 'Dubai Forward'
Dubai International Financial Centre (DIFC), the international financial centre for the Middle East, Africa and South Asia region, announced today its sponsorship of Dubai Forward
02/23/2015
Kuwait bank manager accused of embezzling $2.76m
No further details of the alleged crime were revealed.
02/23/2015
Alexander Granovsky faces Israel lawsuit over bank debt
To this end, the bank has hired the services of Adv. Alon Pomeranc, head of the litigation department at the firm of Lipa Meir & Co.
02/22/2015
UAE Foreign Minister Visits New Zealand, Talks FTA, Signs Agreements
They discussed the scope of new opportunities to support the bilateral relations in more fields to serve the common interests of the two countries and peoples, reports Gulf News.