Number of asset managers to halve by 2030 – KPMG
Nearly half of all asset managers will not exist by 2030 as client demographics, technology and social behaviour undergo rapid…
Regulation, Risk & Compliance
8951 articles found
Bahrain's GFH loses appeal against Kuwait regulator monitoring
Kuwait's Capital Markets Authority has rejected an appeal by Bahrain-based Gulf Finance House against the regulator's decision to monitor its…
Tier 2 sukuk more likely for Bahrain's Islamic banks under Basel III rules
The landscape of Islamic banking is changing along with the shifts in the global regulatory structure as a result of…
GFH loses appeal against Kuwait regulator monitoring
Kuwait’s Capital Markets Authority has rejected an appeal by Bahrain-based Gulf Finance House against the regulator’s decision to monitor its…
Kuwait government denies corruption allegations
Kuwait's government on Wednesday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds…
Dubai Establishes New Dispute Settlement Authority
On 28 May, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced the amendment of Dubai Law No. 9 2004…
Kuwait government disputes corruption claims
Kuwait’s government yesterday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds by…
Financial indicators point to the systemic strength of UAE banks
The Financial Soundness Indicators, an important component in the Central Bank’s financial sector surveillance point to the robust systemic strength…
UAE And Maldives Sign Customs Cooperation Agreemen
UAE and the Republic of the Maldives have signed a customs agreement which will see the two countries cooperate on…
Israel's Bank Leumi to pay $289 mln in US tax probe deal
Bank Leumi, Israel's second largest bank, said on Sunday it was close to a deal to pay nearly 1 billion…
UAE banking sector to face stringent capital and liquidity rules
The Central Bank of UAE is in the process of reviewing and updating banking sector regulations to align local regulations…
International financial community accesses potential growth opportunities in MEASA region through Dubai
"Through Dubai's strategic location as a gateway between East and West, and the global financial and regulatory infrastructure at the…