In a new analysis of the impact of lower oil prices, Carole Nakhle describes current prices as a 'return to normality' after three years when prices were unusually high. Dr. Nakhle predicts greater volatility in prices over the next few years, but at lower levels.
Representatives from 20 Arab banks in London met with officials from the Prudential Regulatory Authority at the ABA offices on 25 June to discuss a range of regulatory issues and concerns. This was the first such meeting organised by the ABA and financial regulators.
George Kanaan, the ABA's CEO spoke at an international conference on credit ratings, held in Beijing on 29 June. The conference discussed recent developments in rating methodology and the regulation of rating agencies.
Three partners from the law firm Lewis Silkin briefed ABA corporate members of current issues relating to employment rights, visas and UK laws on data protection and bribery.