Tough choice for Bank Leumi US customers
American customers with unreported accounts will now find it costly to own up, but perhaps even more costly if they…
Regulation, Risk & Compliance
8931 articles found
PASHA Bank gains regulatory approval to buy TAIB Yatirim Bank
After filing an initial request back in March last year, PASHA Bank, the Azerbaijani investment bank, has received permission from…
Ugandan university in Islamic banking and finance training partnership
The Dubai-based AlHuda Centre of Islamic Banking and Economics has announced plans to start training bank staff in Uganda in…
UAE stocks regulator weighs stricter reporting measures
The Securities and Commodities Authority is considering reducing the grace period that corporates will have to disclose their annual financial…
Four banned traders named by Abu Dhabi bourse
The Abu Dhabi Securities Exchange (ADX) has released the names of four investors who have been banned from buying shares,…
FNC calls on stock market regulator to review procedures
The Federal National Council called on the stock market regulator to review financing after individual investors in the UAE lost…
Abu Dhabi financial centre to base rules on English common law
Decision means FZ will have a legal framework similar to the existing Dubai International Financial Centre. Abu Dhabi’s new…
Bahrain Bourse, Central Bank of Bahrain venture allows primary bond, Sukuk trading
Bahrain Bourse (BHB) has launched, in cooperation and coordination with the Central Bank of Bahrain (CBB) for the first time…
Mizuho Bank Becomes First Japanese bank to be Approved to Issue Letters of Credit for DME from Singapore
Dubai Mercantile Exchange announced today that Tokyo-headquartered Mizuho Bank has been approved to issue Letters of Credit for trading on…
Abu Dhabi Finance Firm TNI Says CFO Resigns, Replacement Named
Rami Hurieh took over as CFO effective from January 4 after the departure of Jean Ayoub, TNI said in a…
Seeking economic 'blessings'? Jordan to likely to issue Islamic sukuk next month
The Central Bank of Jordan is likely to begin managing the first issue of Islamic sukuk from next month in…
Takaful International sets annual fees
Bahrain-based Takaful International has announced fees sanctioned by its Shari’ah Supervisory Board for the financial year 2015. The company’s…