Dubai eases fund manager restrictions
Dubai has eased its restrictions on asset managers in what appears to be a move to attract more hedge funds…
Regulation, Risk & Compliance
8959 articles found
Standard Chartered fined $300 million over laundering controls
New York's banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business today…
Standard Chartered fined $300 million over laundering controls
Benjamin M. Lawsky, Superintendent of Financial Services, announced an order today regarding Standard Chartered Bank's ("SCB") failures to remediate anti-money…
CEO of Dubai financial zone authority resigns
effrey Singer said on Wednesday that he had resigned as chief executive of the DIFC Authority, which oversees Dubai's financial…
Japan-Oman tax treaty to be in force next month
A double-taxation avoidance agreement between Japan and Oman is expected to enter into force next month, the Japanese Foreign Ministry…
Turkey Banks Group Head Expects Fee Restrictions Within Month
Huseyin Aydin, head of the Turkish Banks’ Association, said that he expects the regulator to publish new rules restricting fees…
UAE – Tax treaty with Mexico, FATCA update
An income tax treaty between the UAE and Mexico has an effective date of 1 January 2015, following the treaty’s…
Manipulation Led to Bank Asya's Suspension In Bist
The Borsa Istanbul, Turkey's stock market, issued a statement providing the reason for suspending the trading of shares of Bank…
Scholar Fees Targeted by Regulators: Islamic Finance
Islamic finance regulators are working to reduce the role of scholars, blaming delays and excessive fees for stifling growth in…
Faisal Islamic Bank of Egypt Selects SunGard
Faisal Islamic Bank of Egypt , the first Islamic Bank in Egypt, has selected SunGard's suite of enterprise risk management…
Turkey’s Top Aide Seeks Limits to Influence of Foreign Banks
Turkey needs to strengthen control of its banks and limit foreign ownership, Prime Minister Recep Tayyip Erdogan’s chief economic adviser…
Bridging the Gulf
From private trust companies and market listings to Sharia compliance and property structures, the Channel Islands are mining a rich…