Central bank to boost risk management, governance
The new federal law (Law No 14) of 2018 on the Central Bank & Organisation of Financial Institutions and Activities…
Legal
2649 articles found
Rogue financial adviser liable for client’s losses in Dubai
Financial adviser Neil Grant has been found liable after a client lost hundreds of thousands of dirhams in an investment…
UAE legislates to crack down on money laundering
The United Arab Emirates has passed a law to combat money laundering and terrorism financing. The law, which is…
UAE banks keen to bolster AML steps
Banks in the UAE are keen to welcome any additional platforms or means of cooperation with US Treasury to support…
HSBC chief: it is hard to disengage from Saudi Arabia despite Khashoggi death
The murder of journalist Jamal Khashoggi is unlikely to have much impact on trade and foreign investment in Saudi Arabia,…
Barclays avoids trial over £6bn Qatar rescue package
Barclays will not face trial on charges relating to the emergency £6bn rescue package it secured from the state of…
SC seeks details of 20 individuals with properties in UAE
The Supreme Court on Thursday summoned 20 people – who reside in Pakistan but own properties in the United Arab…
Dubai firm owner tries to swindle Dh5m from business partner
A firm owner allegedly tried to swindle Dh5 million from his buisness partner, a Dubai court has heard. The…
2 men try to steal boxes of gold from UAE Central Bank
Two men, who were convicted of trying to steal five gold boxes from the UAE Central Bank using forged documents,…
Serious Fraud Office presses for criminal charges to be reinstated against Barclays
The high street bank and four former executives were charged with conspiracy to commit fraud and the provision of unlawful…
Investors panic as Heera Group chairperson is arrested in India
Hundreds of investors in the UAE are believed to have been affected by the Heera Group ponzi scam which has…
MD of investment firm behind Dh7 billion project held for fraud
Police have reportedly arrested the managing director (MD) of a boutique investment firm in Al Ithraa Tower in Al Garhoud…