Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

How the ISO 9001 quality standard has evolved over time

Later, quality standards were added to the specifications and this ultimately led to the introduction of MIL-Q9858.

40 regulatory and supervisory institutions attend AAOIFI regulators roundtable

During his welcome remarks Mr. Abid highlighted the importance of this event and stated that "the exposure draft of FAS 1 reflects commitment of AAOIFI and its consistent endeavour for making financial statements of Islamic financial institutions tra

KFH activates guide feature on Its Instagram account

Reinforcing the role of digital tools in analyzing people thoughts and interaction

Egypt nears issuing sukuk bonds as bill moves through parliament

The draft law received initial approval from the parliament on Sunday

UAE central bank sets up 'whistleblowing' portal for misconduct, unethical practices

Public, financial institutions, vendors can report wrongdoings anonymously

France probes Lebanese central bank chief’s wealth

The Lebanese public suspect him and other high officials of transferring money abroad during a 2019 uprising, when ordinary people were prevented from doing so.

Banking on continued change in the UAE's financial services sector

Women are playing an even greater role at a corporate level and in the investment sphere, according to Rasha Badawi, head of Barclays Private Bank in the UAE

Lebanon Reverses Bank Decision That Caused Depositors Panic

The Central Bank decreed the preferential rate in April 2020. It was temporarily suspended by the country's highest administrative court on Tuesday, pending a final court decision.

A&M Taxand 2021 Global Guide to M&A Tax

The past year also left the markets wondering whether a trade deal would ever be struck between the UK and the European Commission as the Brexit deadline loomed.

Protiviti deepens risk & compliance offering with Sword GRC alliance

Companies that use Sword GRC include the likes of Ameren, Airbus, Network Rail, NASA and Roche.

UAE firms must disclose ultimate owners by next month in anti-money laundering crackdown

Fines would be levied on companies that do not comply by the start of July

DFSA sounds alarm on cryptocurrency fraud as UAE regulators consult on technology guidelines

Proposed guidelines issued by the four regulators cover everything from cloud server location to potential AI bias and identifying blockchain users

UAE Central Bank initiates public consultation on 'enabling technology' for financial institutions

The guidelines could be issued in the second-half of 2021, subject to the outcome of the consultation.

UAE foreign ownership implementation and compliance deadlines: what companies need to know

The Decree Law abolished the requirement under Article 10 of the Companies Law for a UAE national to own 51% of the shares in the capital of a commercial company.

Meeting UAE's new Consumer Protection Standards for banks

The goal is to adopt global regulatory best practices and implement them across all financial institutions in the UAE

Get ready to face fines of up to Dh100,000 in case of ‘ultimate beneficial owner’ rules violations

Ministry of Economy will begin imposing fines on violators from July after the campaign

Saudi-backed real estate startup in talks to expand into KSA

The company allows investors to buy shares in a property and earn regular returns in the form of quarterly dividends

Banks in Qatar embrace ESG

The webinar discussed some of Qatar, and wider GCC, banking specific issues, challenges and opportunities as they relate to ESG adoption for banks.

Saudi Arabia implements cybersecurity framework

The framework ensures an increase in the level of confidence in the integrity of the infrastructure of service providers, and the application of best practices to develop appropriate cybersecurity measures.

Dubai Coin cryptocurrency was never approved by any official authority

Officials sounded caution on a crypto asset that has been making the rounds, claiming to be the official digital currency of the emirate

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