Saturday 19 April 2014
 
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regulators

GCC Regulators Summit to be held in Dubai

Thomson Reuters, the US-based multinational media and information firm, is set to host an event for regulators and financial professionals to discuss challenges, propose solutions and share best practices, in Dubai next year. The

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Aldes ME launches 2 new airflow regulators

Aldes Middle East (ME), a leading global solutions provider for fire protection, ventilation and air distribution, has launched two new constant airflow regulators (MR). The new models MR – Mono and the MR – Modulo hav

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US regulators seek 'trading secrets'

US securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and a

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Middle East regulators urged to work closely

With Middle East insurance industry set to grow throughout the coming years, regulators will have to act locally, regionally and internationally. Speaking on the final day of the seventh Middle East Insurance Forum at the Ritz-Carlton Bahr

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Banks, regulators agree need for global response

Leading bankers seeking to quell a political backlash over their role in the financial crisis agreed with regulators on Saturday that new banking rules should be globally consistent. A closed-door meeting of dozens of financial sector heav

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US regulators close five banks, total now 69

Bank regulators closed five banks on Friday, bringing the number of failures so far this year to 69 as the struggling economy and falling home prices take their toll on financial institutions. The Federal Deposit Insurance Corp estimated t

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Dubai, Cypriot market regulators in deal

Dubai and Cyprus regulatory authorities have signed a memorandum of understanding to share information and co-operate in suspected market abuse cases. The pact would define co-operation between the two watchdogs, allowing swifter intervent

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Regulators blamed for melt-down

Last year's Gulf-wide financial markets correction, which saw millions of dollars wiped off regional bourses, was the fault of the region's regulators, an expert said. Liquidity Management Centre chief executive Ahmed Abbas said with the i

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