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Kuveyt Turk Bank is about to open a fully shariah-compliant branch in Germany. It will be the first fully-fledged Islamic bank in the country, despite it containing the second-largest Muslim population of EU member nations.

Regulators have given financial institutions new responsibilities Anti-money laundering (AML) regulations are no longer a US or EU-only concern, with Asian jurisdictions now meeting – and sometimes surpassing – international expectations. AML compliance is increasingly a focus worldwide. In March the New York Department of Financial Services (NYDFS) ordered Commerzbank to pay $1.45 billion for AML failures primarily in its private banking business in Singapore. In February, the Financial Action Task Force on Money Laundering (Fatf) published a report around the financing of terrorist organisation Islamic State in Iraq and the Levant.

A recent EU ruling on illicit information exchange is of particular resonance for banks and brokers

A review of rate rigging investigations and fines reveals potential discrepancies in global enforcement

Investment funds handling funds from Japanese investors need to be aware of the proposed changes to the so-called QII exemption

On May 5 2015 the Swiss Federal Supreme Court (SFSC) decided on a leading case relating to the reclaim of Swiss withholding tax (WHT) on Swiss dividend distributions

Most outbound Chinese investment is conducted through complex entities structured to protect onshore parties. Randall Arthur and Shaun Wu of Kobre & Kim explain how to enforce judgments

On March 9 2015, the Malaysian Securities Commission (SC) issued the Guidelines on Unlisted Capital Market Products (Guidelines) under the Lodge and Launch Framework (Framework)

The Peruvian Banking Statute, issued in 1997, intended to regulate investment banking activities and established that a licence was required to conduct such activities in Peru

The same regulatory consideration that drove GE Capital to announce the sale of the bulk of its global assets will also drive who is eligible and willing to buy them