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Jun 28, 2012 . Credit card loan applicants being forced to give cheques as security.

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Apr 7, 2012 . Almost unnoticed last week the UAE Central Bank issued some innocuous new regulations introducing new caps on loans made to the .

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The honest Dubai taxi driver and the return of the briefcase . "The effectiveness of the Central Bank regulations could be greatly enhanced if banks have .

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intellectual property, immigration, maritime, industrial, banking and employment law. In contrast, many of the laws enacted by the Ruler of Dubai relate to matters .

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May 28, 2012 . Of all UAE banks, Emirates NBD, Dubai's biggest, has the highest level of sovereign exposure at 153 per cent of regulatory capital, according to .

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May 20, 2012 . The change is part of a new banking law that aims to bolster . Officials say the FSA will not overlap with the Dubai Financial Services Authority, .

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Further, the companies undertaking the financial services will not be subject to the laws and regulations of the UAE Central Bank regulations, instead will be .

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Mar 24, 2012 . World in 2010, most UAE banks have large capital cushions by international standards. They also have been relatively unhurt by the eurozone .

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Jun 28, 2012 . Some UAE banks are flagrantly violating rules that prohibit them from taking blank cheques from customers who apply for personal loans or .

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The regulatory framework for banking in the UAE stipulates that banks must have fully paid-up capital of at least AED 40 million, and must place a tenth of their .

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Article 4.1 states that, except for exempted funds under Federal Law No 10 of 1980 (UAE Central Bank Law), it is prohibited to set up and market investments .

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May 23, 2012 . A UAE government committee chaired by the finance minister has proposed that the central bank and bourse regulator be given joint duties to .

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Dec 11, 2011 . A source at the central bank said new regulations will help reduce the proportion of speculators in the UAE's property market by a more .

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UAE Central Bank prepares bank law overhaul - The National
The Central Bank is preparing to overhaul banking laws dating back to the charter under which it was established, it revealed as it announced a slight dip in its .

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Dec 15, 2010 . WORLD Law Direct Forums . The UAE Central Bank frames laws which govern the provisions regarding loans and debt. At present, the UAE .

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Jul 22, 2012 . We also look at the recent cases making the headlines in the UAE on . law 2012 ; UAE Central Bank issues liquidity regulations for banks .

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In Dubai Crisis, a Test of Law and Islamic Banking -
Nov 30, 2009 . The debt crisis in Dubai is about to test one of the fastest-growing areas in banking -- Islamic finance -- and put the emirate's own opaque .

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Consumers unhappy at UAE Central Bank rule changes - The National
Victims of Dubai Dh6 million property scam fear jail if they default . Introduced at the start of this month, the regulations cap the amount banks can lend to .

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May 16, 2012 . The Dubai Financial Services Authority (DFSA), which oversees Dubai's financial free zone, and the China Banking Regulatory Commission .

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