The Dubai Financial Services Authority (DFSA) has censured Jai Surve, a former employee of a DFSA Authorised Firm, for providing the DFSA with false and misleading information.
Source: CPI Financial, 11/04/2017
Abu Dhabi Global Market (ADGM) has announced lower capital requirements for managers of selected funds established in the free zone, bringing its regulations into line with other international jurisdictions.
Source: The National, 10/04/2017
NBAD to hold meeting on April 24 to get shareholder approval for name change for new FGB merged entity
Source: Arabian Business, 06/04/2017
The Dubai Financial Services Authority (DFSA) today joined 21 of the world’s leading regulators of auditors in an agreement to increase co-operation with the oversight of audit professionals.
Source: Mondo Visione, 05/04/2017
Fitch Ratings, Moody’s and Standard & Poor’s have affirmed NBAD’s ratings at AA-, Aa3 and AA- respectively, following the legal completion of the merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD).
Source: CPI Financial, 04/04/2017