Saudi Arabia's banking sector among world's safest
Saudi Arabia's banking system is among the safest in the world, according to new global assessment published by Standard &…
Regulation, Risk & Compliance
8931 articles found
British banks facing claims risk in Saudi fraud case
HSBC and Standard Chartered could be dragged into a multi-billion dollar dispute between warring Saudi factions after the banks were…
Saudi billionaire accuses Standard Bank of conflict of interest
Saudi billionaire Sheikh Mohamed Bin Issa Al Jaber has hit back in his High Court battle with Standard Bank, accusing…
Warning over downgrade puts DIFC Investments under pressure
Standard & Poor's has warned of a potential downgrade of the credit rating of DIFC Investments, the investment arm of…
Salwan appoints new Director for Sales
Salwan LLC, a subsidiary of Dubai Properties Group, announced the appointment of a new Director in charge of sales and…
Emerging markets revolve around market integrity – Global Corporate Governance Forum
There is no single, easy solution for the challenge of strengthening corporate governance in emerging markets. Each market is economically…
Regulators will have to disclose financial stake
A new decree on corporate governance aiming for the independent regulation of companies will ensure that regulators are not wearing…
Ten Trends in Regulatory Risk – SunGard Research
Tony Scianna, deputy head of strategy for SunGard’s capital markets business, said, “The financial regulations that are being introduced around…
UAE has highest Arab bank adequacy
The UAE has the highest capital adequacy ratio in its banks in the Arab world because of a steady rise…
CBB's governor: Islamic financial institutions to adopt good risk managment
The Central Bank of Bahrain’s (CBB’s) governor Rasheed Al-Mi’raj called on Islamic financial institutions to learn from the experience of…
‘Conference on aims at developing standards in global Islamic banking industry’
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) – World Bank Annual Conference on Islamic Banking and Finance…
Dubai World unit sued by US-based hedge fund
A US-based hedge fund has launched legal action against Dubai’s Drydocks World for repayment of about $45.5m after the unit…