Arab banks urge risk management
Banks must strongly commit to the fight against money laundering and terrorism financing in order to maintain their place in…
Regulation, Risk & Compliance
8931 articles found
UAE unveils crackdown on banks selling insurance policies
The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling…
UAE Central Bank stops sale of savings/investment and Takaful/Insurance products
The circular states that the UAE Central Bank has received an increasing number of complaints in relation to savings/investment and…
Hamdan approves the organisational structure of Dubai Department of Finance
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Executive…
Kuwait Vision 2035 includes effective management, ratings in int'l indications
The State of Kuwait is seeking to upgrade its rankings in all indications, including administrative and economic ones, through implementing…
Saudi sale of the century lures foreign investment banks, PE firms
One of the world's largest privatization programs is drawing foreign investment banks and private equity firms to Saudi Arabia, despite…
King & Wood Mallesons partner leaves to launch Dubai base for Charles Russell Speechlys
Charles Russell Speechlys is set to launch in Dubai with the hire of a partner from King & Wood Mallesons…
Have you realised what banking is now?
According to the world bank's financial inclusion data/global findex report, the total percentage of the UAE population with a formal…
DFSA Takes Action against Senior Executive Officer
The Dubai Financial Services Authority has accepted an Enforceable Undertaking from Mr S Ravishankar Naidu, Senior Executive Officer at Royal…
New Shariah Standards for Islamic Financing, Banking Launched in Dubai
AAOIFI working to develop field of Islamic banking and finance globally. A set of new Shariah standards for Islamic…
UAE ahead of curve in use of technology for sector
The UAE is ahead of the curve in using new technologies such as Blockchain and boosting regulations that will increase…
United Arab Emirates – the latest "tax haven" to sign up to enhanced tax transparency
On the 21 April 2017, the United Arab Emirates (UAE) officially signed up to the Multinational Convention on Mutual Administrative…