Media ID: 55325887
Caption:
A National Bank of Abu Dhabi branch, August 27, 2012. Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names. (Reuters/Jumana El Heloueh)
by Asharq Al-Awsat | Dec 26, 2013 | Business
Dubai, Reuters—Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names, say global banking executives. The phenomenon is especially common in false positives—situations where a person or transaction is...
