Iranian bank sues rival over fraud allegations
Iran's biggest bank said on Thursday it had taken legal action against another local lender, an Iranian news agency reported,…
Regulation, Risk & Compliance
8931 articles found
India sets up Gulf unit to track NRI tax evaders
India’s efforts to track down tax evaders could soon see officials monitoring the funding flows of nationals living in Gulf…
Risk management ‘vital for bank boards’
Risk management has become a top priority for bank boards in the wake of the ongoing financial crisis, said experts…
EFG-Hermes linked to Egypt graft claims
The Middle East’s leading investment bank is tangled up in Egyptian corruption allegations involving two sons of the deposed president…
Effective control of Basel III rules urged
"The Basel III rules are almost rendered meaningless without effective supervision. They should be implemented in full on a timely…
No exemptions on new lending limits on banks, says UAE central bank
The UAE central bank will not exempt any bank from a newly passed regulation that caps banks’ lending to local…
New financial watchdog announced as UAE prepares regulatory overhaul
The financial services industry in the United Arab Emirates is to undergo the biggest regulatory overhaul in more than three…
Middle East regulatory framework should attract fund management industry
The local regulatory framework in the Middle East should focus on inviting the fund management industry rather than making it…
Warba Bank makes two senior strategic appointments
Warba Bank has announced the appointment of Basel Jassem Al Obeid as Chief Corporate Banking Officer, and Feroz Noorani as…
Citi Ranked #1 in Global Custody Services – Survey
Citi has been ranked #1 in global custody services by the world's leading asset managers, asset owners and banks in…
SAGE SA leads the way in asset management for UAE banks
Pioneering financial software company, SAGE SA, launched version 2.0 of the company's flagship product, Prospero, during this year's MEFTEC exhibition…
Emirates Banks Association set up advisory council
Emirates Banks Association (EBA) announced the formation of an advisory council comprising Chief Executives Officers of National Banks and…