11/25/2013
Banking industry getting ready for more self regulation
These new regulatory efforts are aimed at making the banking sector more transparent and customer friendly.
Legal, Tax, Regulation & Compliance
11/25/2013
Banking industry getting ready for more self regulation
These new regulatory efforts are aimed at making the banking sector more transparent and customer friendly.
11/20/2013
Nabarro to Open in Dubai
Nabarro is to open an office in Dubai in 2014 marking the firm’s third international opening after Brussels and Singapore.
11/19/2013
New Regulations May Risk Banks’ Growth Rates
Turkey’s banking sector has been growing in a healthy manner, but the loan-to-deposit ratio is exceeding 100 percent
11/16/2013
UAE bank lobby head calls for sanctions for new mortgage law
The Gulf Arab nation is bringing in new regulations to imposed limits on mortgage lending, to prevent another boom-and-bust cycle after a property market crash in Dubai and Abu Dhabi at the end of the last decade.
11/16/2013
Dubai investigates Deutsche Bank over anti-money-laundering practices
The Dubai Financial Services Authority is concerned about several potential regulatory breaches by the bank’s personal wealth management division.
11/15/2013
UAE Banks Federation to seek penalties for banks that break mortgage rules
Lenders face suspension of products and employees could face life time ban on working in UAE’s banking sector
11/14/2013
Association Warns Against Tough Burdens on Banks
Banking representatives said they understand the Turkish government’s cautious banking regulations and find them positive
11/13/2013
Bird & Bird opens second office in UAE with Dubai launch
Bird & Bird has opened an office in Dubai, its second office in the United Arab Emirates following an Abu Dhabi launch in 2011.
11/12/2013
Baker & McKenzie Relocates Italian Partner to Dubai
Leading global law firm Baker & McKenzie is relocating corporate and transactional partner Pietro de Libero from the firm's Milan office to its Dubai office.
11/06/2013
Simmons & Simmons Hires New Dispute Resolution Partner in the Middle East
David, who was previously head of dispute resolution and construction in the Middle East for Dentons, joins the firm on 17 November 2013.
11/06/2013
Norton Rose Fulbright boosts Middle East Islamic finance practice
Global legal practice Norton Rose Fulbright has appointed a new banking of counsel Robin Balmer to its Middle East Islamic finance practice.
11/04/2013
International law firm Names New Dubai Head of Banking
Habib will spearhead Taylor Wessing Dubai’s finance practice, offering both conventional and Islamic finance expertise.
11/04/2013
UPDATE 1-UAE to impose watered-down exposure rules on banks
The central bank of the United Arab Emirates has eased planned curbs on commercial banks' exposure to state-linked debt, giving them five years to comply after the banks complained that the rules could hurt their business.
11/04/2013
UAE waters down bank exposure rules
The central bank of the UAE has eased planned curbs on commercial banks' exposure to state-linked debt, giving them five years to comply after the banks complained that the rules could hurt their business.
11/03/2013
Banks in UAE likely to get 5 years to conform to Central Bank’s new large-exposure rules
Banks in the UAE will likely be given about five years to conform to new large-exposure rules which the central bank is going to impose
11/03/2013
Addleshaw Goddard strengthens core GCC capability with Dubai-based Corporate partner
He joins the firm from Clyde & Co's Middle East Group
10/29/2013
Regulator Stifles Risky Lending That Fueled Dubai Bubble
Foreigners can borrow 75 percent of the value of a first home priced at 5 million dirhams ($1.36 million) or less and U.A.E. nationals can get 80 percent
10/27/2013
Conyers Dill & Pearman hosts Offshore Law Forum in Dubai
Our panel of experts will use this opportunity to discuss these changes and share their knowledge and experience with our clients and contacts here in Dubai.
10/27/2013
SJ Berwin eyes Riyadh launch post King & Wood Mallesons merger
The office is expected to be established at the beginning of 2014 and will be branded as King & Wood Mallesons SJ Berwin.