NRI Adviser
Fifth largest bank in China opens office in Dubai IFC
It’s the fifth Chinese bank to open an office in DIFC
Macquarie Bank London branch fined £13m by FCA over hundreds of ‘fictitious trades’
The fictitious trades cost MBL an estimated $57.8m to unwind
Middle East | 26 Nov 24
Dubai FSA completes eight enforcement cases in 2024 against individuals and firms
The regulator also issued 24 alerts over this period
EFAMA calls on EC to avoid applying ‘bank-like regulation’ on asset managers
Europe needs more holistic and rigorous analyses to determine where financial stability risks lie
Industry reacts as the FCA fines Barclays £40m
Both parties ‘appear to have drawn a line under the matter’