UPDATE 1-UAE to impose watered-down exposure rules on banks
The central bank of the United Arab Emirates has eased planned curbs on commercial banks' exposure to state-linked debt, giving…
Regulation, Risk & Compliance
8959 articles found
UAE waters down bank exposure rules
The central bank of the UAE has eased planned curbs on commercial banks' exposure to state-linked debt, giving them five…
SCA Updates Rules on Sukuks
UAE Has Acquired a Leading Role in Islamic Banking. The UAE is revising rules on ‘Issuance & Listing of Islamic…
Banks in UAE likely to get 5 years to conform to Central Bank’s new large-exposure rules
Abu Dhabi: Banks in the UAE will likely be given about five years to conform to new large-exposure rules which…
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…
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…