Knesset panel okays Israel becoming member of Asian Development Bank
The Knesset Finance Committee on Monday approved a bill laying out terms for Israel becoming one of 57 founding members…
Regulation, Risk & Compliance
8953 articles found
Al Zarooni Exchange UAE licence revoked for money laundering violations
The central bank of the United Arab Emirates on Monday said it had revoked the licence of local money exchange…
Banker calls for urgent reality check to regain top position
Bahraini banker Rashad Janahi has called for an urgent reality check. According to him, it is a fact that…
Bahrain central bank warns over remittances tax move
The Central Bank of Bahrain has warned about the fallout of taxes on remittances and other 'foreign transactions', said a…
Omani central bank announces new reserve buffers, may force capital increases
Jan 6 The Central Bank of Oman has published rules for countercyclical buffers, a move aimed at protecting against the…
Turkey must harmonize laws with China-backed bank before Jan. 16
Turkey has until Jan. 16 to harmonize its domestic laws with the legal structure of the Asian Infrastructure and Investment…
UAE regulator tells banks to seek approval before disclosing dividends
Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the…
Deloitte: Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council region is a matter of when, not if, and Saudi Arabia is not…
Bahrain bans credit card surcharges
Bahrain News Agency reports that the meeting focussed on the practice of companies and establishments that deduct extra amounts from…
Al Baraka Bank Egypt employs SAS FATCA solution
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), partnered with SAS and Data…
DED to permit 37 more types of business activities in Dubai
The Department of Economic Development has announced the addition of 37 new activities to the list of permitted businesses in…
Ministry of Finance signs MoU with Mohammad Bin Rashid Al Maktoum Foundation
The Ministry of Finance has signed a memorandum of understanding with Mohammad Bin Rashid Al Maktoum Foundation. MBRF is responsible…