The Arab Bankers Association asked a selection of Middle East banks in London for their views on how the British government could build on the success of its June 2014 sovereign sukuk issue - the first sovereign sukuk issued outside the Muslim world. The banks are keen to see more issues, of bigger size and more variable maturities.
The British Ministry of Justice has announced plans to consider whether to extend the scope of the offence of 'failing to prevent' a crime beyond bribery and tax evasion. ABA Corporate Member Fieldfisher has produced a short briefing note to explain what might happen.
Deputy Crown Prince Mohammed bin Salman announced the Vision 2030 on 25 April. Read more to see how the Vision is structured and for details of some of its key points. We also have a link to the full English text.
Five senior Arab Bankers have joined the ABA's Board of Directors with effect from January 2016. The new directors come from Bank ABC, London, Arab National Bank London, KPMG, Morgan Stanley, PWC
The ABA's first corporate member's lunch of 2016 addressed the issue of senior bank managers' personal liability, under the new UK regulations that come into effect in March 2016.
Photographs from our Annual Gala Dinner have been posted on our Gallery Tab. Do take a look - it was a star-studded evening and a lot of fun! There is a report on the Gala on our Events Tab. The photo on the right shows George Kanaan, our Chief Executive, and H.E. Shaukat Aziz, the former Prime Minister of Pakistan.