Region: Africa & Middle East

US adds Iranian aircraft to export controls violations list

20 September 2022

People news: In-house compliance hires at Eurotrader, Purplebricks and others

An estate agent, a university and a US technology company are among the companies that have filled in-house compliance roles in the latest people news roundup.

09 September 2022

Steinmetz challenges Swiss bribery conviction

The Israeli mining magnate has switched up his legal team as he attempts to overturn his landmark foreign bribery conviction.

31 August 2022

UAE regulator orders Wise to pay $360,000 for AML failures

31 August 2022

People News: new SEC and NCA appointments

In the latest roundup, two enforcement agencies appoint new directors, while a food processing company named a new CCO.

23 August 2022

AfDB sanctions appeals board confirms debarment of Ivorian construction company

The African Development Bank’s integrity unit said Entreprise de Commerce et de Construction Immobilière falsified documents in its bid for a construction project in the buildings that host the bank.

16 August 2022

South Africa fines local bank over AML failures

South Africa’s central bank has fined Nedbank 35 million rands ($2.1 million) after an inspection beginning in early 2019 identified various problems in its compliance with anti-money laundering legislation.

15 August 2022

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

Credit Suisse subsidiary ordered to pay $22.6 million for defrauding investors

The parent company already agreed to pay $475 million under a deferred prosecution agreement involving bribery allegations in Mozambique.

22 July 2022

Cameroon opens investigation into Glencore

20 July 2022

Unlock unlimited access to all Global Investigations Review content