DFSA sanctions Credit Europe Bank
The Dubai Financial Services Authority has announced that it has accepted Enforceable Undertakings from Credit Europe Bank (Dubai) Limited…
Fraud & Ethics
710 articles found
NBQ wins appeal against Global Investment House
National Bank of Umm Al Qaiwain sent a filing to Abu Dhabi Securities Exchange, reporting that Dubai Court of…
DIFC regulator accuses Arqaam, Ernst & Young of accounting violations
The regulator of Dubai’s international financial centre is accusing Ernst & Young and the Dubai-based investment bank Arqaam Capital…
Western bankers chase good life
Andrew Rossiter decided it was time to leave London after a surging tide of regulation, sovereign debt turmoil and banking…
Bahrain financial sector safe from cyber attacks
Bahrain's matured financial services sector remains better guarded against cyber threats than its neighbours, who have come under attack,…
Hamas financing case can proceed against Arab Bank: judge
A U.S. man can proceed with a lawsuit seeking to hold Arab Bank liable for providing material support to…
RBS, others sue Dubai Group over $10 billion debt
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler,…
Here's The Real Reason There Are Abandoned Luxury Cars Around The UAE
Abandoned luxury cars left at airports across the United Arab Emirates may not entirely be the fault of expats escaping…
Business ethics: split the myth from the hard reality
The London interbank offered rate (Libor) scandal that has seen Barclays bank hit with a £290 million fine – and…
Hundreds swindled in Dubai property scam
Hundreds of Dubai residents are facing eviction after falling victim to a huge property scam in the emirate. …
HSBC Investigated for Money Laundering
Based on the New York Times report on Saturday, US prosecutors are looking into whether British bank HSBC was involved…
Barclays Said to Face Possible U.K. SFO Probe Over Qatar Fees
U.K. fraud prosecutors may open a criminal probe as soon as this week into payments Barclays Plc made in…