Fraud & Ethics

Fraud & Ethics

Goldman Lampe Private Bank Shields Clients from Scams and Fraud, Saving 150 Million Euros in 2022

July 13, 2023

Goldman Lampe Private Bank has revealed that its robust fraud detection and prevention measures have been instrumental in saving approximately…

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Fraud & Ethics

Saudi campaign against illegal insurance deals and fraud

May 29, 2023

Insurance firms operating in Saudi Arabia have launched a campaign aimed to raise public awareness against unlicenced insurance amid tough…

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Fraud & Ethics

Lebanon central bank chief’s brother skips fraud probe hearing

April 26, 2023

The brother of Lebanon’s central bank governor did not attend a hearing in Beirut on Tuesday with European investigators probing…

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Fraud & Ethics

French prosecutors accuse Lebanon central bank chief of hiding fraud

April 24, 2023

French prosecutors have told Lebanon's central bank governor Riad Salameh they plan to press preliminary fraud and money laundering charges…

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Fraud & Ethics

UAE Central Bank issues new guidelines to combat money laundering

January 12, 2023

The UAE Central Bank has issued new guidelines for licenced financial institutions, including banks, finance companies, exchange houses and insurance…

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Fraud & Ethics

6 UAE firms fined $871,000 for anti-money laundering law violations

December 22, 2022

The UAE government has imposed fines worth 3.2 million UAE dirhams ($871,270) on six companies for violating anti-money laundering and…

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Fraud & Ethics

Beware of fraudsters while banking, warns ROP

April 19, 2022

The Royal Oman Police (ROP) has warned people against opening bank accounts and allowing unknown people to use them.  …

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Comment & Analysis

SAMA cautions bank customers amid surge in financial fraud

April 14, 2022

There has been a surge in incidents of financial fraud being practiced by unscrupulous people to cheat bank customers, according…

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Comment & Analysis

Deloitte event informs financial services leaders on financial crime

March 21, 2022

Professional services giant Deloitte recently hosted its Financial Crime Symposium in Dubai, bringing together leaders from the across the financial…

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Comment & Analysis

Six ways to protect yourself against online fraud

February 25, 2022

There are different types of fraud; below is a list of the most common ones and steps that can be…

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Fraud & Ethics

Contracts show Lebanon's central bank obscured recipients of commissions

February 21, 2022

For more than a decade, Lebanon's central bank charged commercial banks in the country commissions when they bought government securities…

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Fraud & Ethics

AML UAE launches Anti-Money Laundering Consulting Services in UAE

January 31, 2022

AML UAE has launched Anti-Money Laundering Compliance services in UAE to help Financial Institutions and Designated Non-Financial Businesses and Professions…

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