Mondaq Middle East & Africa: Finance and Banking
Youssry Saleh & Partners
Egypt has finally passed The Security Over Movables Law in November 2015 which introduced a regime similar to fixed and floating charges as applicable under the UK law.
Youssry Saleh & Partners
The banker-customer relationship can be classified as an agency contract which entails privacy to be maintained of the said relationship. In general, an agent owes a duty of care and privacy
Youssry Saleh & Partners
The Egyptian Financial Regulatory Authority (FRA) supervises & regulates all non-banking financial markets and instruments, including capital markets, futures exchanges, insurance activities, mortgage finance, financial leasing, factoring, securitization and microfinance.
Youssry Saleh & Partners
Although the lending activity in Egypt has been growing, Egyptian banks continue to enjoy ‘large financial flexibility as the credit facilities to deposits ratio remains low at a mere 42%'.
Andersen Tax & Legal Egypt
The new law lays down the rules and procedures for licensing financial leasing companies.
Deloitte Nigeria
President Muhammadu Buhari has signed the 2019 budget of the Federal Government of Nigeria into law. The Budget, which was signed on Monday, 27 May 2019,
Banwo & Ighodalo
By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...
Perchstone & Graeys
On October 22, 2018, the Central Bank of Nigeria (CBN) issued a circular pursuant to its Microfinance Policy, Regulatory and Supervisory Framework (April 2011).
Deloitte Nigeria
President Muhammadu Buhari has declined assent to the National Housing Fund (NHF) Bill, 2018 (the Bill) which was recently passed by the National Assembly.
Banwo & Ighodalo
In a letter dated March 19, 2019, addressed to the leadership of the National Assembly and read at Plenary on the floor of the Senate on Tuesday, April 2, 2019, President Muhammadu Buhari declined assent to eight Bills ...
Fasken
The Grocery Retail Market Inquiry published its preliminary report on 29 May 2019.
Hogan Lovells
In this matter, the claimants approached Ms Moolman in her capacity as a financial advisor for advice on how best to invest their "spare money".
ENSafrica
The Mauritian Government announced in its 2018-2019 budget speech major changes to be brought to the Mauritian Financial Services sector ...
Clyde & Co
On 23 November 2018, Judge Collis of the Gauteng Provincial Division showed again, how progressive the South African judicial system can be.
Clyde & Co
On 11 December 2018, National Treasury published the draft Conduct of Financial Institutions Bill [B – 2018] for public comment ("Draft COFI Bill") ...
Clyde & Co
This finance briefing provides an update on our brief notes of January 2018 and March 2018 that focused on the amendments to the Land Act, 1999 (the Land Act)
Clyde & Co
In this month's briefing we highlight investments in Government securities by Tanzanian residents and the restrictions imposed under Tanzanian law on East African Community
Clyde & Co
In this industry update, we highlight the actions taken in a move to revolutionise mobile banking in Tanzania.
Clyde & Co
In this month's legal briefing, we focus on the Microfinance Act 2018 and recent public notices issued by the Bank of Tanzania on Supervision of Microfinance Service Providers.
Clyde & Co
In this industry update, we provide an account of the Bank of Tanzania's (the BOT) Circular No. FA.178/461/01/02 dated 19 February 2018 (the Circular)...
STA Law Firm
The banking sector in Oman is favorable, and there has been a significant economic growth in the regulations in the Sultanate.
STA Law Firm
The JOA is a primary legally binding system where multiple gatherings hold hands are intending to make a benefit. It includes high dangers and expenses; however once a triumph; high rewards
Hassan Elhais
Corporate Lawyers of Dubai have elaborated the Law including the rights and obligations of lessor and lessee through this article.
STA Law Firm
The Abu Dhabi Global Markets (the ADGM) are comprised of three independent authorities namely, the Registration Authority, the Financial Services Authority and the ADGM Courts
BSA Ahmad Bin Hezeem & Associates LLP
As of today, the amount of investment that can qualify as SRI in the energy sector is still relatively low; however, increased eff orts are being made to increase the amount of investment
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Benchmac & Ince
Islamic finance is a financial system that is based on adherence to the Sharia or Islamic law.
Deloitte Nigeria
President Muhammadu Buhari provided a sneak peek into Nigeria's fiscal direction for 2019 on Wednesday, 19 December 2018, as he presented the 2019 Budget of the Federal Government of Nigeria ...
Primera Africa Legal
Nigeria's population of approximately 178 million citizens continues to rise and is expected to reach about 287 million by 2050.
Benchmac & Ince
Nigeria is unarguably one of the largest economies in the Sub-Saharan Africa
Banwo & Ighodalo
By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...
BLC Robert
On 8 April 2019, the Financial Services Commission, which is the regulator for non-banking financial services and global business sectors, published a guidance note, entitled 'Securities Token Offering'.
PwC Nigeria
The Nigerian President, Muhammadu Buhari, today 19 December 2018 presented the 2019 Appropriation Bill ...
Hogan Lovells
In this matter, the claimants approached Ms Moolman in her capacity as a financial advisor for advice on how best to invest their "spare money".
Banwo & Ighodalo
Section 91 of the Labour Act goes further to exclude certain categories of persons from the above definition and, thereby, from the provisions of the Labour Act.
Banwo & Ighodalo
The Central Bank of Nigeria ("CBN"), on June 6, 2018, issued the Regulations for Transactions with Authorized Dealers in Renminbi ("Regulations").
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