12/24/2021
The original judgment with its “over-compartmentalised approach” had, for instance, not considered Al Sanea’s “proven dishonesty” and rejected compelling arguments in favour of Al Sanea’s use of forgery.
12/23/2021
In addition technology aids lower operational cost and help in detecting and preventing fraudulent financial activities.
12/22/2021
Saudi Arabia is taking several measures to ensure the protection of consumers and businesses within the Kingdom and from criminals operating outside
12/22/2021
Launched commercially in April 2021, the platform was co-created by Etisalat Digital along with seven UAE banks
12/22/2021
That earlier efforts to create a unified currency should not be allowed to get in the way
12/21/2021
The aggregate revenue of KPMG member firms in the Middle East & South Asia region grew by 7.8% in US dollar terms for FY21
12/21/2021
The CBUAE unveiled today an enhanced framework to better monitor and supervise banks’ exposures to the real estate sector
12/20/2021
The Dubai World Trade Centre will be designing a comprehensive ecosystem for this progressive sector within Dubai.
12/20/2021
The framework is administered by administered by the ADGM Registration Authority
12/20/2021
The regulator will give banks one year to enhance their practices to meet the new requirements, starting from Dec. 30.
12/20/2021
Our analysis of the G7 global tax deal was widely covered in media and press.
12/17/2021
In relation to the obligation to prepare and keep the internal UBO register, it is still applicable for all entities, including exempted ones.
12/17/2021
The Court has set a low bar for limited partners wishing to commence derivative claims on behalf of an ELP, whether against the ELP’s general partner or third parties.
12/17/2021
Banks expected to ‘contribute significantly’ to UAE agenda, says Governor
12/16/2021
Qatari authorities made available a support package of 75 billion riyals ($20.60 billion), or about 14% of gross domestic product, in response to the downturn last year, of which 50 billion riyals was central bank liquidity support.
12/16/2021
But it found that the bank had breached compliance regulations and did not have sufficient internal guidelines in place to prevent money laundering.
12/16/2021
Lebanon exposure has been hurting Bank of Sharjah numbers in recent quarters
12/15/2021
Transaction represents Chimera’s first venture capital fund close.
12/15/2021
Sanctioned bank failed to meet regulatory framework for extended period
12/14/2021
IIFM and ISDA have also published an ISDA/IIFM Shari'ah-Compliant Bilateral Amendment Agreement template to enable institutions to agree with their counterparties to incorporate the fallbacks for existing Islamic hedges