Qatar's financial regulator bans, fines senior JP Morgan exec
A senior JP Morgan executive has been fined $20,000 and banned from being employed by any company operating in the…
Fraud & Ethics
710 articles found
UK fraud office steps up probe into Barclays over Qatar: FT
The UK fraud office stepped up its probe into British bank Barclays Plc's dealings with Qatar, the Financial Times reported…
Bahrain: New $1.9bn claim in bank collapse
Administrators of a collapsed Bahraini bank have filed a $1.9 billion lawsuit against a Saudi conglomerate caught up in a…
UAE strengthens enforcement against money laundering
The UAE has taken steps to clear up concerns about money laundering in the region with new rules clamping down…
Ex-Mizrahi Banker Said to Be Indicted in U.S. Tax Fraud Case
Former Mizrahi Tefahot Bank Ltd. senior vice president Shokrollah Baravarian was indicted for helping U.S. customers conceal their assets from…
AHAB Wins Two Rulings In Cayman Against Maan Al Sanea's Companies; Case Will Proceed to Trial
On Monday 14 April 2014, Ahmad Hamad Algosaibi & Brothers Company won two rulings in the Cayman Islands against ten…
Group is seeking debt deal
A multi-billion dollar financial dispute that followed the collapse of two Bahraini banks continues to make ripples around the world.…
Bank manager in Dubai convicted of Dh1 million cheque scam
A financial manager who embezzled more than Dh1 million from the bank where he worked and then fled the country was…
Libya Fund Accuses French bank of Fraud
French bank Société Générale paid a middleman $58 million in alleged bribes to secure almost $2 billion in business from…
IBRC seeks documents from Dubai firms linked to Quinn family
Companies deny role in the alleged conspiracy to moIrish Bank Resolution Corporation is seeking orders requiring two related Middle Eastern…
SAMA chief reasserts KSA’s commitment to global AML
“Saudi Arabia’s role and commitment in the Anti Money Laundering (AML) area is evident on the local and international levels.…
Leading luxury brand Under Investigation for Dodging Customs Taxes in Turkey
Less than a year after Prada and Dolce & Gabbana got themselves into hot water for tax evasion, Chanel is…