UAE banks likely to get 5-year grace period over GRE loans
Banks are likely to be given a five-year grace period to comply with new rules limiting their exposure to government-related…
Regulation, Risk & Compliance
8931 articles found
Regulator Stifles Risky Lending That Fueled Dubai Bubble
The United Arab Emirates central bank capped the size of mortgages that banks in the country can offer as it…
Conyers Dill & Pearman hosts Offshore Law Forum in Dubai
Conyers Dill & Pearman's Dubai office will host its Offshore Law Forum on Tuesday, 29 October. Bringing together Conyers professionals…
Bahrain cbank to issue Basel draft rules
The Central Bank of Bahrain will be issuing the first draft of rules on Basel III standards by early next…
Former Bank Hapoalim chairman pleads guilty to fraud
Former Bank Hapoalim chairman Danny Dankner struck a plea bargain with prosecutors on Thursday. Dankner pled guilty to fraud…
The IMF Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report…
Standard Chartered picks up UAE mandate
Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the…
Middle East banks face tougher compliance rules as sanctions bite
In a region as laden with sanctions as the Middle East, it is little surprise that compliance costs put a…
Barclays-Qatar Probe to Have Progress in 2014, SFO’s Green Says
U.K. fraud prosecutors’ will announce significant developments next year in a probe into fees paid by Barclays Plc to Qatar’s…
Israeli Banks Prepare for int'l Tax Evasion Laws
Customers are withdrawing money from Israeli banks as the UK, France, and Canada mull laws similar to the US's FATCA.…
Global fund firms fret over UAE fee structure
International funds selling investments in the UAE plan to lobby financial regulators to ease new product registration fees which they…
Bank of Beirut to implement Dion's FATCA compliance solution
Bank of Beirut has announced that it will be deploying Dion Global Solutions’ FATCA TRAC application to assist with its…