Former Bank Hapoalim chairman pleads guilty to fraud
Former Bank Hapoalim chairman Danny Dankner struck a plea bargain with prosecutors on Thursday. Dankner pled guilty to fraud…
Regulation, Risk & Compliance
8951 articles found
The IMF Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report. Titled “Taxing Times,” the report…
Standard Chartered picks up UAE mandate
Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital, an investment institution in the…
Middle East banks face tougher compliance rules as sanctions bite
In a region as laden with sanctions as the Middle East, it is little surprise that compliance costs put a…
Barclays-Qatar Probe to Have Progress in 2014, SFO’s Green Says
U.K. fraud prosecutors’ will announce significant developments next year in a probe into fees paid by Barclays Plc to Qatar’s…
Israeli Banks Prepare for int'l Tax Evasion Laws
Customers are withdrawing money from Israeli banks as the UK, France, and Canada mull laws similar to the US's FATCA.…
Global fund firms fret over UAE fee structure
International funds selling investments in the UAE plan to lobby financial regulators to ease new product registration fees which they…
Bank of Beirut to implement Dion's FATCA compliance solution
Bank of Beirut has announced that it will be deploying Dion Global Solutions’ FATCA TRAC application to assist with its…
Algosaibi Strikes Deal With Fugitive Banker
Ahmad Hamad Algosaibi and Brothers Company said that it had struck a deal with a former Bahrain resident in a…
Ex-BNP Paribas private banker fined by Dubai regulator
The Dubai Financial Services Authority (DFSA) has imposed a financial penalty on a former private banker. It said today that…
Barclays Braced For Fine Over Qatar Deals
Barclays is braced for another major financial penalty over the deals that enabled it to escape British taxpayers' clutches by…
Barclays Called Reckless Over $511 Million Payments to Qatar Investors
has been branded reckless by a British watchdog for failing to disclose payments of 322 million pounds ($511 million) in…