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Morrocan bank ‘planning Islamic finance subsidiary with Gulf partner’

Morocco’s Banque Marocaine du Commerce Exterieur (BMCE) is preparing to launch an Islamic subsidiary as a joint venture with “a major Islamic financial institution from the Middle East”, the bank's managing director has said. 23 Oct 2014

Supreme Court: 'sale and rent back' firm could not grant tenants proprietary rights over properties before sale completed

A firm that purchased properties in the north east of England on the condition that the previous owners would be entitled to remain in their homes indefinitely was not in a position to make such a promise, the UK's highest court has ruled. 23 Oct 2014

Basel Committee plans faster work on 'leverage ratio' for global banks

Global banking regulators are planning to finalise the framework for the 'leverage ratio', one of the measures of bank capital reporting required under the upcoming Basel III international regulatory regime, sooner than previously planned. 23 Oct 2014

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