Turkey's last-resort lending facility tapped, funding costs rise
An unnamed bank or banks resorted to borrowing at the Turkish central bank’s expensive “lender of last resort” facility on…
Regulation, Risk & Compliance
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Central Bank of Oman issues bank resolution framework
The Central Bank of Oman has issued Bank Resolution Framework for Oman, which spells out the recovery and resolution regime…
Jersey Finance makes double appointment to support Middle East growth
Jersey Finance has made two key appointments to its team based in its Dubai office to meet the growing opportunities…
Special Report – A Roadmap for FinTech Firms Entering the Fast-Growing Emerging Markets
FinTech firms are discovering strategic opportunities in the fast-growing emerging markets of the MEASA region. The region represents both…
Albayrak Says Turkey's First Recession in Decade May Be Over
The Middle East’s largest economy probably broke free of its first recession in a decade, according to Turkish Treasury and…
Dubai regulator in talks with US SEC over Abraaj arrests
Dubai’s financial services regulator is in contact with its US counterpart the Securities and Exchange Commission over the latest arrests…
Dubai Islamic Economy Development Centre signs agreement with Hong Kong Trade Development Council
Dubai Islamic Economy Development Centre signed a memorandum of understanding with the Hong Kong Trade Development Council to exchange knowledge,…
Kuwait CMA and CISI announce enhanced qualifications pathway for capital market practitioners
The Capital Markets Authority has announced the start of the awareness campaign to launch Qualifications Examinations Project for Registered Employment…
The "Financial Sector Conference" to host sessions attended by 2000 financial and business leaders
The organizers of the 1st Financial Sector Conference the Ministry of Finance the Saudi Arabian Monetary Authority (Saudi Arabian Monetary…
Abu Dhabi Global Market Courts Issue Litigation Funding Rules
Abu Dhabi Global Market Courts have issued their Litigation Funding Rules in response to the growing interest in third party…
Abu Dhabi Global Market enacts enhanced anti-money laundering regime
Abu Dhabi Global Market has announced that it has enacted and published changes to the ADGM’s regulatory framework for combatting…
UAE and Korea renew 2013 swap agreement
Korea and the United Arab Emirates announced the renewal of a currency swap arrangement on Saturday in a bid to…