82% of financial institutions are failing to capitalise on regulation – RESEARCH
GFT has released the findings from a global research project aimed at uncovering the attitude of the global investment banking…
Regulation, Risk & Compliance
8931 articles found
HSBC gets license to buy Saudi stocks directly
HSBC Holdings has received a qualified foreign investor license in Saudi Arabia and traded shares on the bourse on Monday,…
ATM fraud alert sounded out
The Saudi Arabian Monetary Agency, the Kingdom’s central bank, has warned commercial banks to improve their systems and customers to…
Bonds and sukuk issuances under the new UAE Commercial Companies Law
The long anticipated UAE Federal Commercial Companies Law no. 2 of 2015 (the “New Companies Law”) was issued on 25…
EY: Nearly half of MENA businesses do not have an anti-bribery or anti-corruption policy
The survey, which polled 3,800 employees of large businesses in 38 countries (400 in MENA, including Saudi Arabia, UAE, Oman…
QIB participates with $50m in syndicated facility to SMG
Qatar Islamic Bank, participated in a Shariah Compliant Syndicated Finance Facility for Stanford Asia Holding Company, a subsidiary of Stanford…
Kafa’a seeking to enhance financial sector standards
The Qatar Finance and Business Academy has launched the Kafa’a initiative to elevate and advance Qatar’s financial services sector. …
mWallet gets the green light in the UAE
The UAE Banks Federation has given the green light to the mobile wallet initiative which will revolutionise digital payments in…
Final approval for takaful law expected soon; industry constitutes 6% in total business
A final approval for the draft takaful or Islamic insurance regulation, which was cleared by the State Council in February,…
Abu Dhabi ruler issues law to regulate property market
Abu Dhabi's ruler has issued a decree to regulate and improve transparency in the emirate's real estate sector, requiring brokers…
Qatar Financial Centre Authority appoints new CEO
The Qatar Financial Centre (QFC) Authority has announced the appointment of Yousuf Al-Jaida as Chief Executive Officer, effective from 1st…
Russia, Qatar could lose World Cups: FIFA official
Russia and Qatar could lose the right to host the 2018 and 2022 FIFA World Cups if evidence is found…