Arab banks launch legislations' encyclopedia

BEIRUT, June 16 (KUNA) — The Union of Arab Banks (UAB) launched on Thursday the encyclopedia of Arab banking laws containing legislations in the sector in the Arab states.
Secretary General of Arab Banks Wissam Fattouh said during the launching ceremony that the encyclopedia is the first of its kind in the Arab world. It documents all laws and legislations related to banking AND financial sectors in the Arab world as well as notifications issued by the governments.
The encyclopedia, which reveals concurrence and divergence of the banking rules among the Arab countries, is quite helpful for researchers, investors, lawyers or judges. (end) wsm.rk