Oct 23, 2012
Bounced cheques: The chief executive of Noor Islamic Bank has called on the financial services industry to develop alternative payment systems in an effort to cut down on the number of bounced cheques. Read Article UAE bank chief calls for alternative to cheques
Oct 25, 2012
Bounced cheques: Ali Al Nuaimi, the head of the Federal National Council's finance committee, has called on the Central Bank to review the levels of failed cheques in the UAE so as to protect the health of the banking system. Read Article FNC urges Central Bank to review bad cheques in the UAE
Oct 26, 2012
Bounced cheques: Bankers must take "know thy customer" as a mantra, says United Arab Bank chief executive Paul Trowbridge, as lenders weigh strategies to ensure they do not end up serving customers who write bad cheques. Read Article UAB chief in call for banks to vet clients
Oct 30, 2012
Bounced cheques: Banks and other financial services firms call for greater disclosure of data on the Dh55.3bn of failed cheques last year to understand the ripple effects on the local economy. Read Article Calls grow for data on bad cheques in the UAE
Oct 30, 2012
Businessman Safi Qurashi, known for his hunger strike while serving time in a Dubai jail over bounced security cheques, is launching a new real estate company. Read Article Freed hunger strike Briton looks to new Dubai venture
Nov 06, 2012
Bounced cheques: Suvo Sarkar, general manager of retail banking at Emirates NBD, has backed moves to decriminalise bounced cheques. Read Article Top brass at UAE's biggest bank backs bounced-cheque law reform
Nov 07, 2012
Bounced cheques: The Central Bank moves towards a national pilot programme for direct debits, which bankers say will help move the UAE away from reliance on cheques. Read Article UAE Central Bank looks to direct debits as alternative to cheques
Nov 12, 2012
Bounced cheques: The government is studying the full decriminalisation for bounced cheques as it plans a federal strategy for consumer protection for the next four years.
Read Article UAE takes first step on road to ending jail for bounced cheques
Nov 22, 2012
Bounced cheques: Banks must have a viable alternative to cheques before a full decriminalisation can become reality, says the head of the banking industry trade body.
Read Article UAE banks need more time before bounced cheques decriminalised
Dec 31, 2012
Bounced cheques: Expatriates jailed for defaulting have been released from prison and federal courts no longer accept bounced cheques as evidence of a crime, which effectively decriminalises defaulting on a loan. Read Article Bouncing loan cheques in the UAE no longer a crime
