UAE. A non-profit policy development and trade association for the financial services sector in the UAE; Such associations are integral to the development of a successful financial services sector in line with Global standards.
INTERNATIONAL. Economic crime in financial services outpaces other industries; Increased spending on compliance fails to reduce economic crime; 10% of economic crime reported by UK respondents was perpetrated internally.
INTERNATIONAL. Iran received its first delivery of Russian-made S-300 air defense systems in May; Satellite imagery shows intensive construction underway at an air base near Tehran to accommodate the systems.