Regulation
Middle East | 29 Apr 24
Two jailed for laundering cash in suitcases from UK to Dubai
The total amount of criminally acquired cash flown out of London to Dubai was around £104m
DIFC sees ‘surge’ in interest on 1st anniversary of its new family wealth centre
Last year, DIFC launched the first Family Wealth Centre of its kind in the world
Industry cites ‘excellent’ list of international advisers amid Brite Advisors Sunday Times report
The Sunday Times piece emphasised the scale of operation involving multiple regulators
Isle of Man FSA suspends crypto-asset business
The island regulator determined that it was in the ‘interest of the public’ to issue this public statement
Madoff’s reporting red flags led to demands for transparency, but what’s changed in 15 years?
Many asset managers continue to rely on siloed legacy systems