ABA Corporate Member, Alexander & Partner, is pleased to present an update on recent financial regulatory initiatives in the GCC. This update covers the period from April to June 2019 and contains information on initiatives in Bahrain, Saudi Arabia and the UAE. This Regulatory Update will be a regular feature on our website, with new updates being published approximately every...
Eid el-Fitr began in most Muslim countries on Tuesday 4 June and will continue until the end of the week.
Eid el-Fitr marks the end of Ramadan, the month during which Muslims fast during the hours of sunlight.
The next big Muslim holiday will be Eid el-Adha, which marks the end of the annual pilgrimage to Mecca and Medina. Eid el-Adha is expected to begin around 11 August.
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Credit Suisse license follows Standard Chartered licensing in February.
ABA Corporate member Fieldfisher, a law firm, has a range of research publications on current financial issues on its website. For example, the firm has a 'micro site' dedicated to Interbank Offered Rates (IBORs) that explains the background and issues behind the ending of IBORs and current initiatives to replace them. The site addresses the use of new benchmarks throughout...