03/29/2022
The new framework acknowledges the demands placed by the fast-paced changes in the fund management industry and therefore aims at lightning the administrative processes and simplifying the authorisation requirements for establishing and marketing CIUs
03/29/2022
The European Union Agency for Criminal Justice Cooperation, or Eurojust, said the investigation targets five suspects accused of money laundering.
03/29/2022
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain
03/28/2022
The EBRD loan will help FATEN to increase funding to women-led local, private MSMEs in the West Bank and will be accompanied by 20 per cent first-loss risk cover for FATEN.
03/28/2022
“Saudi Arabia Banking & Finance Law Firm of the Year” – Legal Advisors Abdulaziz Alajlan & Partners in association with Baker & McKenzie Limited
03/25/2022
Luke Tapp and Ruth Stephen have been writing about this for Outlaw, commenting on the new implementing regulations that supplement the new labour laws.
03/25/2022
Eastern Caribbean Court of Appeal enforces Qatari Royal Family oral will and holds that BVI shares are movable property
The court dismissed the appeal and affirmed the decision of Justice Ellis in the BVI High Court below.
03/24/2022
This step is in line with the previously issued decisions to empower women in the boards of directors of companies subject to the authority’s oversight.
03/24/2022
Lebanon's banks have retaliated against judicial orders through strikes, account closures and denial of service to depositors.
03/23/2022
New rules to protect data in Bahrain
The orders also specify the rules and procedures governing submission of complaints relating to violations of the law
03/23/2022
Vaults unsealed at Lebanon's Fransabank after appeal accepted, Lebanese media
Last week's ruling obliged Fransabank to seal its vaults
03/23/2022
The government has been working for some time to get a general extradition agreement between Denmark and the United Arab Emirates.
03/23/2022
On the other hand, Omran expected that the volume of securitization would double in the short term and that financing through future financial rights would increase compared to current financial rights, after some recent amendments.
03/22/2022
German economy minister tells Qatari officials he heard the amount of Russian wealth going into Qatar was increasing.
03/22/2022
The companies, belonging to Adenium group, have been penalised for 'illegally marketed unregulated collective investment funds' and breaching other regulations
03/22/2022
Objective of raising policy rates is to anchor inflation expectations, contain effects of supply shocks: MPC
03/21/2022
The key objective of Deloitte’s event (which was held in person) was to share the most recent developments with leaders and from there inform them how to navigate the landscape.
03/21/2022
Countries and territories listed under sources 1 and 2 of Appendix D2 should be treated as non-compliant with FATF recommendations for the purposes of Article 17A of the Money Laundering Order.
03/21/2022
A Lebanese judge says she has brought the first charge against Riad Salameh, whose wealth is also being probed by authorities in at least five European countries.
03/18/2022
The QCB also decided to maintain the QCB deposit rate (QCBDR) at its current level of 1.00% and maintain the QCB lending rate (QCBLR) at its current level by 2.50%.