New products, standards buoy Islamic trade finance business
Islamic trade finance is poised for change with the launch of new products and common standards as Islamic banks look…
Regulation, Risk & Compliance
8953 articles found
Saudi grants banking licence to Commercial Bank of Iraq
The Saudi Cabinet approved the licence for Commercial Bank of Iraq to open a branch in the kingdom, it was…
Dubai sees 14% growth in number of registered companies
The number of companies registered with Dubai’s International Financial Center has grown 14% in the last 12 months, with over…
Dubai International Financial Centre reports strong start to 2018
Number of active registered companies increased by eight percent in the first six months of 2018 and 14 percent year…
UAE adopt AAOIFI standards
Accounting and Auditing Organisation for Islamic Financial Institutions, the standard-setting body for the Islamic financial industry welcomes the Central Bank…
Cryptocurrency laws and regulations in UAE
The terms “Blockchain” or “Bitcoin” were alien to the general public in the United Arab Emirates (UAE) when Satoshi Nakamoto…
Bankruptcy reforms ‘will spur Saudi Arabian investment’
Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and…
Changes to the taxation of UK property for Middle Eastern investors
The UK Government on 6 July published its draft Finance Bill provisions confirming that a significant change to the property…
Erdogan Expands Clout Over Central Bank, as He Promised
Turkey’s President Recep Tayyip Erdogan moved to cement his control over the economy, claiming the exclusive power to appoint central…
Suspension lifted at Holborn Assets
Holborn Assets had its insurance intermediary licence suspended on 18 June after having violated rules introduced in 2013 concerning the…
Fighting financial crime is costly but worth every penny
Fighting financial crimes is emerging as a huge concern for financial institutions and businesses as large numbers of business entities…
GFH to pursue David Haigh's Dubai and London assets in damages enforcement
GFH, the Dubai-listed parent of investment banking company GFH Capital, will start enforcement proceedings in Dubai and London for an…