Kuwait Cbank Approves Final Format Of Basel III Standard
Governor of the Central Bank of Kuwait (CBK) Dr Mohammad Al-Hashel announced that CBK’s Board of Directors approved on Tuesday,…
Regulation, Risk & Compliance
8951 articles found
CBB and BBS hold periodic consultative meeting
The Central Bank of Bahrain (CBB) and Bahrain Bankers Society (BBS) held their periodic consultative meeting to follow up on…
Malta: An ideal match for Shariah-compliant investments
Speaking at the latest educational clinic on Shariah-compliant funds organised by FinanceMalta on June 24th in collaboration with the Malta…
UAE Central Bank says blank cheque guarantees for banks illegal
A senior official at the UAE Central Bank on Wednesday confirmed that it is illegal to obtain blank cheques as…
HSBC Bank Oman appoints Chief Risk Officer
HSBC Bank Oman has announced that Sulaiman bin Said Al Lamki has been appointed as Chief Risk Officer. Supporting the…
National Bonds Corp appoints new Sharia Supervisory board members
The Sharia board will also review and evaluate the NBC’s contracts, agreements, policies, yearly reports, financial reports, as well as…
Mena task force lauds Qatar’s measures in anti-money laundering
Qatar has said it is committed to the highest standards of anti-money laundering and combating the financing of terrorism (AML/CFT)…
Sukuk will feature in liquidity guidance given to Islamic banks -IFSB
The Malaysia-based Islamic Financial Services Board (IFSB) will issue draft guidance by year-end on how Islamic banks, which face a…
US announces changes to the Offshore Voluntary Disclosures Programs
On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in…
Saudis to keep reserve management strategy -c.bank
Saudi Arabia's central bank will keep its current strategy for managing the country's foreign reserves, central bank governor Fahad al-Mubarak…
Saudi Arabia to maintain currency peg to the dollar
Saudi Finance Minister Ibrahim Alassaf reiterated Tuesday at the same news conference that the Kingdom would continue to peg its…
Easy Money Hopes Still Underpin Stocks
Local markets are tipped for a positive start Tuesday as Wall Street managed a modestly higher close in the face…