The Central Bank of the United Arab Emirates (UAE) has signed a Memorandum of Understanding with the French authorities to enhance co-operation in Anti-Money Laundering (AML) and Combating of Terrorist Financing (CFT).
Continue Reading Add comment July 19th, 2007
Airspan Networks Inc., a NSADAQ listed WiMAX and Wi-Fi based broadband wireless access networks, has won a US $ 4.5 million contract to upgrade its Broadband Wireless Access network in Guyana.
Continue Reading Add comment July 19th, 2007
The European Investment Bank expected approval of the draft policy and draft Public Consultation Report on its Anti-Fraud Policy by its Management Committee by end of this year. The final draft policy and report will be published three weeks prior to consideration by the EIB Board of Directors.
Continue Reading Add comment July 19th, 2007
New premises for the European Central Bank (ECB) would be ready before 2011, to be located on site of the former wholesale market in the eastern part of Frankfurt.
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The US federal financial regulatory agencies have issued final statement on subprime mortgage lending to address issues relating to certain adjustable-rate mortgage (ARM) products that can cause payment shock.
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Three US federal agencies and two associations have initiated a pilot project to conduct targeted consumer-protection compliance reviews of selected non-depository lenders with significant subprime mortgage operations.
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The American Federal Deposit Insurance Corporation (FDIC) and NeighbourWorks Centre for Foreclosure Solutions, a housing services company, have joined hands to promote foreclosure-prevention strategies.
Continue Reading Add comment July 19th, 2007
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