- Posts in 2016
This edition includes - First Equity Crowdfunding Platform Receives DFSA Licence, ADGM Launch RegLab, UAE Central Bank and Bank of Algeria Sign MoU, AUSTRAC and CAMLMAC Sign MoU, Jordan Kuwait Bank Fined by Central Bank of Cyprus
In this month's edition, DFSA Accept EU from Rasmala Investment Bank Limited, Listed Companies in Saudi to Use IFRS, FinCEN Issue Advisory on Cybercrime and FATF Release Publication on Beneficial Ownership
This edition includes - DFSA Fine Clements (Dubai) Limited, Iran Backtrack on FATF Action Plan and Transactional Criminal Organisation Identified in Vancouver
This edition includes - DFSA Sign MoU with ADGM FRSA, Saudi CMA to Adopt Updated FAQ’s Forms, 2016 Basel AML Index Published, New Zealand Develop Anti-Money Laundering Legislation, Southeast Asia Hold Counter-Terrorism Financing Summit
This edition includes - DFSA release two Consultation Papers, US Pushes Bills to Increase Counter-Terrorism Financing Efforts, EC Publishes New Rules and Country Risk List and NBAD and FGB to merge.
This edition includes - DFSA release CP 106 and 107, SEC Fine Firm for SAR Failings, Nordea Bank Investigated for AML Failings and Big Four Auditing Firms’ Services Banned in Saudi
With the outcome of the UK’s referendum on Brexit being victory for the “Leave” campaign financial services firms in the UK will be wondering what this means for them.
This edition includes - DFSA Fine Former Directors for Breach of AML Rules, DIFC Courts Issue Wind Up Notice, Repeated AML Violations Lead to Record Fine and Men Arrested for Raising Funds for Terrorist Plot
This edition includes the RCBC Scandal, Bitcoin Exchange Licenced in the EU, the Panama Papers and New FIU for Isle of Man
Includes updates from the FCA and the PRA, MiFID II/MiFIR, MAR/MAD, UCITS V/AIFMD
This edition includes - Saudi CMA Move for Greater Transparency, New AML Regulation for Kuwait Real Estate Sector, OFAC Sanctions for North Korea and Financial Crime on the Rise in the Middle East
Over the past few years, complaints have become a real concern in the financial services industry. Every year, thousands of people take their unresolved complaints to the Financial Ombudsman Service (FOS) because they are unhappy with the way their original problem has been dealt with.