COVID-19 will result in a permanent increase in compliance risk
New research report Today we release our "COVID-19: Compliance Risk Survey 2020" report, following a survey of Board directors and…
Regulation, Risk & Compliance
8954 articles found
Saudi Real Estate Refinance Co signs 3 billion riyals deal with pension agency
Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of U.S. mortgage finance business Fannie Mae, said on Sunday it…
Exclusive: Kuwait scrambles to boost coffers with up to $16 billion debt plan
Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by…
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
The Capital Market Authority (CMA) recently announced that it has come to the resolution to authorise BNY Mellon Saudi Financial…
Kuwait banking sector to remain stable, strength depends on length of crisis – c.bank
Kuwait's banking sector is expected to remain stable to a large degree, the central bank governor said in a report…
Turkish central bank to stay on hold amid inflation risks
Following a surprising end to its long rate cutting cycle, which started in mid-2019 with the objective of lowering the…
Saudi economy likely worse in Q2 despite June improvement – c.bank governor
Saudi Arabia's economy likely deteriorated more in the second quarter than in the first three months of the year, the…
Think tank skewers Dubai as hub for ‘dirty money’
US-headquartered global think tank Carnegie Endowment for International Peace has said that Emirati leaders and the international community have turned…
UAE advice firm agrees second merger in a month
Newly-merged global financial advisory business AHR Private Wealth has agreed an M&A deal with London-headquartered AXG Group, subject to regulatory…
CIAF cancels Sukuk issuance, considers alternative financing methods
Joint venture aviation sector company, CIAF Leasing, has cancelled its plan to offer $50m worth of Sukuk, according to Salah…
Robust master plan urged for Qatar capital market with focus on long-term debt
Energy rich Qatar should have a robust master plan for capital market with top priority accorded to long-term debt, as…
Bankruptcies among small and mid-sized businesses to peak, says IMF
The rate of bankruptcy for small- and medium-sized businesses may triple this year in the absence of sufficient government support,…