Articles from the author

There has been a spate of investment advertisements in the UAE and other Gulf countries.

Most potential investors in securities undertake their investment activities through brokerage firms or professional brokers.

Insider dealing is seen as an abuse of an insider's position of trust and confidence, and is harmful to the securities markets resulting in the ordinary investor losing confidence in the market.

All regulations relating to securities markets are very clear regarding the prohibition of insider trading.

Legal Perspective: Main methods used in the marketing of bond issues

The positions of chairman and board members of a public joint stock company have got liabilities.

Money laundering is not only related to large amounts of drugs money or funds related to terrorism. Indeed, it is so commonplace that few lawyers seem to regard it as an issue and, perhaps, do not even identify it as a risk.

Last week this column dealt with the Singapore experience in combating money laundering, taking into consideration the importance of Singapore as a financial centre in the Far East.

As a rule each person who is employed by a financial institution or is otherwise carrying out a financial activity covered by the money laundering regulations should follow the internal reporting requirements.

The number of cases of cheques 'bouncing' or being returned is increasing and this is defeating the concept of utilising and using cheques to promote trade and commercial business in the community.

Banks and financial institutions play a paramount role in international finance by providing and arranging financial facilities to needy potential borrowers.

The issue of "hawala" and its role in money laundering has been under discussion for a long time. Hawala is one of the known means by which individuals transfer money.