Turkish Central Bank Decreases Reserve Ratio Requirements Further
Recent development Committed to providing the markets with liquidity following in the wake of recent political and economic developments…
Regulation, Risk & Compliance
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BRSA Incentivizing Energy Sector Debt Refinancing
The Turkish energy and banking sectors will receive a much needed bolster with the Banking Regulation and Supervision Authority’s (the…
Draft law on regulating work of real estate brokers gets Cabinet nod
The Cabinet has given its nod to a draft law that will regulate the work of real estate brokers in…
Turkish bank regulator takes control of Boydak in coup probe
Turkey's deputy prime minister said on Tuesday that companies linked to a group blamed for a failed coup posed a…
MP demands ‘sorting’ expat population
A lawmaker proposed a ‘roadmap’ to help address Kuwait’s demographic imbalance problem by ‘sorting’ the expatriate population based on expats’…
Saudi Arabia-based asset manager with responsible investment approach to Islamic finance joins RFI Foundation
RFI Foundation is pleased to announce the membership of SEDCO Capital as an industry member. SEDCO brings a strong commitment…
UAE bankruptcy law final draft approved by cabinet
“Today we approved the final draft of the Federal law on Bankruptcy. The law aims to enhance the investment attractiveness…
Al Baraka unit to merge with Pakistan’s Burj Bank
Bahrain-based Al Baraka Banking Group, one of the Gulf’s top Islamic banks, said its Pakistani unit would merge with Pakistan’s…
UAE Entrepreneurs, Investors Welcome Proposed Bankruptcy Law
One of the major grievances entrepreneurs in the UAE have long had about starting and scaling business in the country…
UAE bankruptcy law will not offer protection for defaults on personal debt
The UAE’s new bankruptcy law will not offer protection from jail for individuals unable to repay their debts, according to…
Arab banks' ties to foreign banks under pressure, survey finds
More than a third of Arab banks have seen their business links with foreign banks shrink over the past four…
Israeli Court Issues FATCA Injunction
The Supreme Court of Israel recently issued an interim order preventing the Israeli Government from transferring personal financial data to…