Foundation for Global
Business Standards

About Us

The globalization of modern capital markets has intensified the need for equally global business standards and practices.  

Investor confidence is essential to economic growth and stability. That, in turn, is contingent upon the development and enforcement of a robust international legal and ethical framework. The alignment of worldwide business standards is all the more important in the aftermath of recent financial crises, which have undermined public trust in the integrity of capital markets, governance and regulation.

News

TURNING A BLIND EYE: DOCUMENTS SHOW THAT THE AL RAJHI FAMILY SKIRTS LEGAL REFORMS IN DUBAI
By Bernard Goyder

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News

BILLIONAIRE BANKERS TEST GCC LEGAL REFORMS WITH PROPERTY ASSET GRAB FROM TAMEER
By Bernard Goyder

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News

THE AL RAJHI SHUFFLE: INVESTORS IN QATAR FACE MAJOR HURDLES TO FINDING OR CLAIMING THEIR ASSETS
By Rod Walker

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The Foundation for Business Standards is dedicated to aggregating information and case studies that further the study, analysis and discussion of international best practices for business.    

This focus is grounded in a number of fundamental ethical principles cast in a business context:

Fiduciary

establishment and enforcement of laws for the officers, directors and employees of privately and publicly-owned corporations

Property

respect for and adherence to uniform standards governing the protection of tangible and intangible property rights

Reliability

ensuring business sector stability by upholding such accepted ethical norms as fulfilling contracts, keeping promises and honoring commitments

Transparency

disclosing current information accurately and in a timely and even-handed manner

Dignity

respect for others that is enshrined in ethical behavior, health, safety, free expression, privacy and community engagement

Fairness

facilitating reciprocal fairness, distributive fairness and fair competition across private and public companies

Foundation Reports

TURNING A BLIND EYE: DOCUMENTS SHOW THAT THE AL RAJHI FAMILY SKIRTS LEGAL REFORMS IN DUBAI

By Bernard Goyder

As the Government of Dubai continues to raise its international reputation as a modern, stable place in which to invest, there are a number of business stories that challenge this image-enhancing campaign.
   
 
 

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BILLIONAIRE BANKERS TEST GCC LEGAL REFORMS WITH PROPERTY ASSET GRAB
FROM TAMEER

By Bernard Goyder

They are among the richest and most powerful families in the Middle East. Family patriarch Suleiman Al Rajhi, a revered secular leader in Saudi Arabia, has graced the cover of Forbes magazine, lauded as one of the 120 wealthiest individuals in the world. 
   
 

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THE AL RAJHI SHUFFLE: INVESTORS IN QATAR FACE MAJOR HURDLES TO FINDING OR CLAIMING THEIR ASSETS

By Rod Walker

When it comes to structuring – or re-structuring - a company, it is always prudent to anticipate potential legal liabilities and complications down the road. It is, however, considerably out of the ordinary to frame an entire company exclusively around the need to avoid future litigation or arbitration.
  

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