Japan bank freezes Iran accounts after court order
A Japanese bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze…
Fraud & Ethics
710 articles found
UAE criminalizes bounced cheques
Issuing a cheque to a beneficiary when there are insufficient funds to clear that cheque is an offence when this…
Macquarie targeted over rogue trader
A Macquarie Group subsidiary is being sued for alleged market manipulation of the shares in the defunct Bill Express following…
DFSA announces the delisting of DIB Sukuk Company Limited from the Official List of Securities
The DFSA announces the delisting of DIB Sukuk Company Limited (DIB) from the Official List of Securities following the announcement…
SunGard Enhances Protegent’s Insider Trading and Conflict Detection Capabilities
SunGard is helping firms monitor for insider trading and more effectively manage compliance across regulatory and geographic borders with the…
Former Hapoalim CEO takes responsibility for overpriced Turkish bank deal in 2005
Former Bank Hapoalim CEO Zvi Ziv yesterday took responsibility for the decision to buy Turkish financial institution BankPozitif, a transaction…
Bank of Israel fines Hapoalim for overcharging
The Bank of Israel has announced today that Supervisor of Banks David Zaken fined Bank Hapoalim for charging customers who…
US targets Dubai bank over Iran curbs
The US Treasury Department has disrupted a Dubai-based banking operation that the United States believes was Iran's main conduit for…
UAE, Qatar stop trade finance to Iran over sanctions
The central banks of UAE and Qatar have told lenders to stop financing trade with Iran, bankers said on Thursday,…
Anti-money laundering role moved to DFSA
Dubai's financial regulator has had its remit extended to make it responsible for combating money laundering and terrorist financing. The…
Mystery of the missing $2 million in gold bullion
The head of an insolvent mortgage company unloaded $2.2 million in gold and silver from his car at a Rexdale…
When to Go Above The Boss's Head
In May of 2008, four members of Lehman Brothers' senior-level management received a letter from a 14-year company veteran, Matthew…