QIIB’s $2bn sukuk programme gets UK regulatory body approval
The UK Financial Conduct Authority has approved QIIB’s $2bn Trust Certificate issuance Programme and is expected to be admitted to…
Regulation, Risk & Compliance
8953 articles found
IFRS9 to help reinforce confidence in banking system
The implementation of “impairment” provisions under the newly-promulgated International Financial Reporting Standard ‘IFRS9’ from 2018, the health of Qatari banks…
‘Greater co-ordination’ among Qatar banks after blockade
Qatar’s banking sector went through a period of reorganisation after the illegal blockade of the country, which resulted in greater…
UAE businesses must register for VAT by Dec 4
The online registration for five per cent Value Added Tax is now open and businesses with an annual turnover of…
Qatar National Bank rules out sale of stake in UAE bank
Qatar National Bank’s said on Wednesday its stake in United Arab Emirates-based Commercial Bank International is not for sale. …
Iran, Turkey Sign Currency Swap Deal
Shortly after Iran and Turkey signed a draft of currency swap agreement, Governor of the Central Bank of Iran Valiollah…
FCA Said to End Case Against Ex-Barclays Executive Over Qatar
U.K. regulators dropped a probe into a former Barclays Plc executive over a 2008 fundraising by the bank with Qatar,…
Netherlands’ ABN Amro Bank to strengthen Mena presence
ABN Amro Bank is expanding its presence in the Middle East and North Africa region and plans to hire more…
Linklaters strengthens Middle East offering with Saudi Arabia alliance
Linklaters has agreed an alliance with Saudi Arabian firm Zamakhchary & Co that will see the firm send two of…
Abu Dhabi global market, Yes Bank to advance Fintech opportunities
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and Yes Bank have signed an MOU to further…
Linklaters enters into formal agreement with Saudi Arabian firm, Zamakhchary & Co
- Agreement creates stronger Linklaters presence in Saudi Arabia, supporting national, regional and international clients - Two senior Linklaters…
Dubai International Financial Centre Issues New Trust Law and Foundation Law for Public Consultation
• Consultation process engages DIFC’s community of world-leading financial services companies • New laws will benefit private wealth…