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Financial Services Authority

Financial Services Authority latest

Last year Emirati policymakers changed some details of the law to make it less draconian, as part of the plan to bring in a modern bankruptcy structure in the UAE. Al-Mulla thinks it still has not gone far enough. (Shutterstock)
September 2nd, 2018 - 12:03 GMT

Abraaj Founder Lawyer Points out the Flaws of the UAE Legal System

Habib Al-Mulla is used to media attention, but last Wednesday he had even more than his usual share of interaction with the world’s news outlets.
Read more
The duo seeks to jointly work on joint innovation projects on the application of key technologies like digital and mobile payments, blockchain and distributed ledgers and other areas of new technologies. (Shutterstock)
August 30th, 2018 - 09:58 GMT

Dubai Signs Fintech Agreement With Singapore's Monetary Authority

Smart Crowd is a digital crowdfunding platform that pools capital among a group of people to collectively own a property. (Shutterstock)
July 25th, 2018 - 05:59 GMT

Smart Crowd: Have Your Own Property in Dubai for as Little as Dh5,000

The fast growth of financial services sectors in Dubai and Abu Dhabi has created an influx of overseas labour, with many financial institutions now being swamped with applications from abroad. (Shutterstock)
October 30th, 2016 - 07:15 GMT

Check it out: The importance of employee screening in financial services

The two UAE residents allegedly entered larger aggregate orders for gold and silver contracts on the Commodity Exchange Inc. (Comex) opposite smaller orders, and later cancelled the smaller orders. (Wikimedia Commons)
April 10th, 2016 - 07:00 GMT

Two UAE traders fined $2.69M by US court for illicit 'spoofing' practices

Domty is Egypt's largest cheese producer by market share. (Domty)
March 3rd, 2016 - 05:00 GMT

Egypt: Domty IPO estimated at $327M

Al Bawaba
December 2nd, 2015 - 10:43 GMT

Financial literacy survey: how does the GCC compare to the rest of the world?

The DFSA's charges were reduced after ABN reacted quickly to the settle the charges. (Shutterstock)
November 5th, 2015 - 08:12 GMT

ABN Amro hit with $1.3M fine over lax money-laundering safeguards in Dubai

Al Bawaba
April 21st, 2015 - 01:44 GMT

A small world after all: Saudi Arabia bans HSBC from taking on more funds

Al Bawaba
April 15th, 2015 - 09:39 GMT

$8.47 million: Dubai imposes record fine on Deutsche Bank

The ongoing economic boom in the region has resulted in exceptional business opportunities
June 12th, 2013 - 10:49 GMT

Swissquote Bank expands in UAE

Emirates Capital (Trade Arabia)
March 19th, 2013 - 08:50 GMT

Dubai firm oils up in South Sudan

HSBC has been fined after laundering money for Syria and Iran
December 20th, 2012 - 11:45 GMT

HSBC fined over Syrian and Iranian money laundering

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