HSBC discloses tax evasion probes in India, other countries
Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its…
Regulation, Risk & Compliance
8959 articles found
Legal and regulatory framework for Islamic banking needs tightening
The current framework governing Islamic Banking contains many gaps that need to be closed through the development of a more…
Kuveyt Turk gets nod for 2 bln lira sukuk, closes Dubai unit
Turkish participation bank Kuveyt Turk has received regulatory approval to raise 2 billion lira ($555.8 million) via Islamic bonds, or…
Nasdaq and Borse Dubai sign market technology deal
Nasdaq and Borse Dubai have signed an agreement to bolster the technological infrastructure of Dubai’s stock exchanges, Dubai Financial Market…
AAOIFI unveils new Islamic Shari'ah standard on gold
The new Standard was officialy unveiled at a launch event in Dubai on 5 December 2016 where the Accounting and…
Sweeping Law Changes Open Way For Foreign Investors
Bahrain is throwing open doors to business by easing rules for starting and running companies for foreign investors. The…
Ministry of Finance adopts electric-powered vehicles
The Ministry of Finance, MoF, signed a Memorandum of Understanding with Emirates Transport to provide the Ministry with electric-powered vehicles. …
Al-Arabiya Islamic Bank Selects ICS BANKS ISLAMIC System from ICS Financial Systems
The signing ceremony took place in Amman Jordan Attending the ceremony were the General Manager of Al-Arabiya Islamic Bank; Mr.…
Inside Investment: UAE-UK tax rule frees up offshore pension transfers
Peter CooperUnder the new UAE-UK double taxation convention that came into force on January 1, if you are a UK…
Dubai's DFSA signs MoU with European Securities and Markets Authority
The Dubai Financial Services Authority, DFSA, and the European Securities and Markets Authority, ESMA, have entered into information sharing and…
CMB Shakes the FX Market and Tweakes the Public Disclosure Regime
On February 10, 2017, the Capital Markets Board of Turkey (the “CMB”) published amendments to the following communiqués: Communiqué on…
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
Nasdaq, Inc. and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai's stock exchanges,…