Poor products and lack of adviser education among concerns raised
Dubai's reputation as a regional safe haven, together with a relatively relaxed regulatory regime, is helping flows into the UAE
Regulators from Malaysia, Dubai and Australia call for more countries in the region to take a stronger role in shaping the global agenda
José Placido, chief executive of the newly renamed RBC Investor Services, reveals his company's growth plans in an interview with Custody Risk
Asian challenge to crude benchmarks
Thomas Leaver will depart from his role as chief executive officer of the Dubai Mercantile Exchange
Regulatory pressure and recognition of the importance of risk and compliance at firms is driving recruitment of executives from around the world into the Middle East
HSBC's senior economist for the Middle East and North Africa tells delegates at FX Invest conference the region has dealt with two big challenges this year, but it stands in better shape than some developed economies
Banks in the Middle East have a heightened awareness of AML issues since this year's uprisings, according to industry experts
Middle East deal of the year – Emirate of Dubai
Claims director mis-stated profits in order to collect bonus
Losses & Lawsuits
Many Middle Eastern nations are keen to implement Basel II, and larger banks have been stepping up efforts to develop an op risk framework. But smaller banks are being hindered by a shortage of resources and experienced staff, as Victoria Pennington …
The market for sharia-compliant foreign exchange hedges continues to grow, with Citigroup structuring the first cross-border sharia-compliant cross-currency profit rate swap worth $230 million.
The Dubai Mercantile Exchange (DME), which is set to launch in the fourth quarter of this year, has strengthened its management team with newly appointed chief operating officer, Thomas Leaver, and chief compliance officer, Sarah Watts. They have both…
The Sultanate of Oman’s Ministry of Oil and Gas (MOG) and the Dubai Mercantile Exchange (DME) are working to develop a new Middle East sour crude futures contract backed by oil produced in Oman, which is set for launch in the fourth quarter this year.
Jane Kang Thorpe, director of the division of clearing and oversight of the Commodity Futures Trading Commission (CFTC), will leave the US regulator later this month. She leaves to take up a post as general counsel for the Dubai Regional Exchange (DRI).
The continued success of its luxury goods certificates has inspired Vontobel to come out with version four