12/29/2021
In-principle approval is a sign that Binance must complete the application process in full and expects to complete “in the near future,” the announcement notes.
12/28/2021
Companies that fail to abide by such procedures alongside the submission of financial statements will be prone to pay financial penalties of QR500 for each day of the delay (maximum QR 180,000), according to Article 24 of the Income Tax Law.
12/28/2021
The rules aim to contribute to the development of the finance sector promoting growth and stability in the secondary market for real estate finance
12/28/2021
The clarification issued by the CBUAE aims to raise awareness on decriminalisation of bounced cheques and penalties
12/27/2021
Businesses offering financial services have until March next year to fully comply with new Central Bank of Bahrain (CBB) regulations
12/27/2021
Criminalisation is limited to cheques issued in bad faith
12/27/2021
The banking regulator imposed a total penalty of $95,847 against the business
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.