Regulation, Risk & Compliance Archives - Page 103 of 747

AML UAE launches Anti-Money Laundering Consulting Services in UAE

January 31, 2022

AML UAE has launched Anti-Money Laundering Compliance services in UAE to help Financial Institutions and Designated Non-Financial Businesses and Professions…

Regulation, Risk & Compliance

Dubai, Monaco sign agreement to attract ultra-wealth individuals

January 28, 2022

Government-owned Dubai Multi-Commodities Centre, or DMCC, has signed an initial agreement with Monaco Economic Board in a bid to attract…

Mergers & Acquisitions

Bahrain's Al Salam Bank agrees to acquire Ithmaar's retail banking business

January 28, 2022

Bahrain’s Al Salam Bank has agreed to acquire the consumer banking portfolio of investment firm Ithmaar Holding, according to a…

FinTech

The Saudi Central: Electronic payments to individuals exceed the target

January 28, 2022

Today, Thursday, the Saudi central bank announced that the share of electronic payments in the retail sector – private (retail…

Hedge Funds & Alternative Investments

Turkey Wants Telecom Giant’s Shareholder Banks to Finance Buyout

January 28, 2022

Turkey has approached banks holding a majority stake in the country’s telecom giant to finance a planned buyout of the…

Regulation, Risk & Compliance

Dubai DFSA slaps $136mln fine on Abraaj Group founder Arif Naqvi

January 27, 2022

The Dubai Financial Services Authority (DFSA) has imposed a 497.86 million dirhams ($135.5 million) fine on Arif Naqvi, the founder…

Legal

UAE introduces new Articles of Association

January 27, 2022

In accordance with Reg.184.7 of DMCCA Company Regulations 2020, new Articles of Association (AOA) were introduced, commonly known as the…

Comment & Analysis

OECD to launch global report on pensions from Bahrain

January 26, 2022

The Organisation for Economic Co-operation and Development (OECD) will launch its bi-annual international pension report “Pensions at a Glance 2021”…

Hedge Funds & Alternative Investments

Abu Dhabi issues new family business ownership governance law

January 26, 2022

Sheikh Khalifa bin Zayed Al Nahyan, the UAE President and Ruler of Abu Dhabi, has issued a new family business…

FinTech

Open Banking Exchange launches in Saudi Arabia

January 26, 2022

This announcement comes twelve months after the Saudi Central Bank (SAMA) announced its open banking policy, designed to support Vision…

Hedge Funds & Alternative Investments

Kuwait's parliament approves Credit Bank capital hike

January 25, 2022

Kuwait's parliament on Tuesday unanimously approved a legislative amendment to increase by 300 million dinars ($993.31 million) the capital of…

Regulation, Risk & Compliance

Kuwait approves Credit Bank capital hike: Finance minister

January 25, 2022

Kuwait's government agreed with a housing parliamentary committee to increase the capital of Kuwait Credit Bank by 300 million dinars…

Cookie Notice