04/28/2013

UAE regulator pledges consultation after easing fund rule

The United Arab Emirates' securities regulator will review its funds regime regularly in consultation with investors and fund sponsors, the body said after relaxing rules to make it easier for foreign fund managers to sell to institutions.

03/21/2013

Standard Chartered in 'wilful' breach apology

Sir John Peace, the chairman of Standard Chartered, has been forced to issue a humbling apology for claiming that the bank had no “wilful” intention to break US sanction rules.