Legal

Legal

Phoenix Thoroughbreds Founder And CEO Named In Money Laundering Case; Company Denies Allegations

November 26, 2019

Amer Abdulaziz Salman, the Dubai-based founder and CEO of the high-flying Phoenix Fund Investments that has spent tens of millions…

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Legal

Finance office holds extensive talks with investors in Malaysia, Singapore

November 26, 2019

Turkey's Presidential Finance Office has initiated contact with global players in Malaysia, regarded as the center of Islamic finance, and…

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Fraud & Ethics

Ex-Barclays executive: Qatar wanted to be bank's 'special' Gulf

November 26, 2019

At a fraud trial over undisclosed payments by Barclays, Roger Jenkins, one of its former executives, said Qatar had wanted…

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Legal

Ten Arrested in London for Hauling Millions in Suitcases into UAE

November 25, 2019

The U.K.’s National Crime Agency  says that the suspects are all members of an organized crime group and that they…

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Legal

UAE mulls creation of single financial services regulator to replace IA and SCA

November 22, 2019

The government of the United Arab Emirates is examining the possibility of a merger between the country’s Insurance Authority and…

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Legal

MEP Casa calls on UAE to fully cooperate on 17 Black

November 22, 2019

MEP David Casa has called on the United Arab Emirates to fully cooperate with Maltese and European law enforcement on…

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Legal

New UAE insolvency law for individuals will come into effect in 2020

November 22, 2019

The United Arab Emirates government has announced that the country has passed a new law to protect the rights of…

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Legal

German police raid suspected hawala banking ring

November 20, 2019

German authorities have carried out a raid on an organized international network suspected of illegally transferring millions of euros to…

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Fraud & Ethics

Barclays’ Jenkins Told SFO Qatar Fees Justified by Opportunities

November 19, 2019

Former Barclays Plc executive Roger Jenkins thought that fees paid to Qatar, which prosecutors say were fraudulent, were justified by…

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Legal

EU adopts framework for sanctions on Turkey

November 18, 2019

On 11 November 2019, the European Council adopted a framework for restrictive measures in response to Turkey's unauthorised drilling activities…

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Legal

UK court rejects Al-Raja'an request for cash, property

November 14, 2019

The British High Court has rejected former Director General of Public Institution for Social Security Fahd Al-Raja'an's request for the…

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Legal

Legal view on UAE commission cap

November 14, 2019

Every piece of legislation can be rather detailed and sometimes it takes someone in the legal profession to breakdown the…

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