Reported by Martin Arnold (Summary shared below. To read full report, go to: https://www.ft.com/content/0edbd013-dc35-494b-b7e7-9a745af01c9d?syn-25a6b1a6=1) The U.K. Financial Conduct Authority is stepping up scrutiny of unregulated lenders and other financial firms after the collapse of Market Financial Solutions raised concerns about fraud and weaknesses in asset-backed lending. The FCA said it plans to seek information from […]

Reported by The New Arab Staff & Agencies (Excerpt shared below. To read full report, go to: https://www.newarab.com/news/uae-extradites-suspected-cartel-boss-ireland?amp) Authorities in the United Arab Emirates handed over alleged transnational cartel boss Daniel Kinahan to face trial in Ireland, the Gulf country’s official media reported on Sunday. The 49-year-old Irishman allegedly ran a group out of Dubai that has been linked […]