07/21/2013
UAE Banking Lobby turns a Super-Regulator
It is credited with a few critical interventions in the affairs of the sector
Legal, Tax, Regulation & Compliance
07/17/2013
Leading Finance Lawyer Joins Chadbourne’s Istanbul Team
Chadbourne & Parke announced that leading finance lawyer Çağdaş Selvi has joined the firm’s Istanbul Team as a Partner.
07/15/2013
UAE banks seek five years to comply with large exposure rule
Banks in the UAE have proposed the UAE Central Bank to exclude marketable bonds and sukuks from the upcoming new rule on large exposures to corporate entities.
07/15/2013
FINMA signed cooperation arrangements with 28 EU and EEA states
The Swiss Financial Market Supervisory Authority FINMA has Signed Cooperation Arrangements with 28 EU and EEA Member States
07/14/2013
UAE Banks Federation submits final proposal on large exposure
The UAE Banks Federation has raised the final proposal on Percentage Limits that Constitute Large Exposure to the central bank
07/09/2013
Turkish Regulator Probes Currency Trades
The probes come as Turkey's central bank is selling record amounts of dollars in daily auctions to counter a slide that has weakened the lira by about 9% in the past two months, a move that makes it one of the worst-performing emerging-market currenc
07/07/2013
Central Bank and UAE Banks Federation sign MoU with Dubai Courts
The MoU is intended to promote, develop and regulate the legal experts’ profession before the judicial authorities in the country
07/06/2013
Taylor Wessing named law firm of year 2013
Taylor Wessing was recognised for innovation in the delivery of legal services to clients
07/03/2013
New deputy chief justice for Dubai's DIFC Courts
Dubai International Financial Centre Courts has promoted Judge Sir John Chadwick to its deputy chief justice.
07/01/2013
Morgan Lewis to set up in Dubai with Vinson & Elkins Trio
Morgan Lewis & Bockius is to launch in Dubai with a three-partner team from US rival Vinson & Elkins including Middle East managing partner Ayman Khaleq.
07/01/2013
Morgan Lewis to Expand to Dubai
Morgan Lewis announced that it plans to open an office in Dubai, United Arab Emirates (UAE) with the additions of Ayman A. Khaleq
07/01/2013
Kuwaiti Sheikh’s Case Against UBS Presents Uncommon Puzzle
The main characters in the story testified at a five-day trial last week
06/30/2013
London tax lawyer in 71-strong partner round at Baker & McKenzie
LAW firm Baker & McKenzie will this morning promote 71 new lawyers to its partnership, including London-based tax specialist James Wilson.
06/30/2013
Billionaire Saudi prince grilled in UK court over Gaddafi jet
The prince is being sued by Daad Sharab, a Jordanian businesswoman who says she was not paid a promised $10 million commission
06/30/2013
Standard Life seeks end to UAE moratorium on licences for insurers
Standard Life is lobbying for an end to a moratorium on new licences for onshore insurers, in a bid to tap into the UAE market for savings and investment products
06/28/2013
White & Case secures Dubai licence in Middle East expansion
White & Case has been granted a licence to practise law in Dubai in an extension of its Abu Dhabi offering.
06/28/2013
UAE Banks Federation to develop Code of Conduct
The code aims to create highest quality standards
06/27/2013
The largest ME law firm promotes six to partners
These appointments follow what has been an excellent six months for Al Tamimi & Company
06/27/2013
$102M U.S. settlement clears Lebanese-Canadian Bank
The now-defunct Beirut-based bank will forfeit the funds to the U.S. under an agreement approved
06/27/2013
White & Case gets licence to launch in Dubai
White & Case is set to become the latest firm to open in Dubai after obtaining a licence to practise in the emirate.