Qatar Financial Centre Regulatory Authority

SHOWING:

1 to 12 of 12 results
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

show more show less

Allegations

Time International LLC: Public Censure

June 28, 2021
Public Notice by the Qatar Financial Centre Authority that it has publicly censured Time International LLC for failing to provide ultimate beneficial ownership information when requested to do so. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre showed that Time International LLC was incorporated on June 27th, 2018 and its directors are Dr. Mehdi Fazli and Parham Pedram, both apparently from Iran.

ALP International LLC: Public Censure

June 28, 2021
Public Notice by the Qatar Financial Centre Authority that it has publicly censured ALP International LLC for failing to provide ultimate beneficial ownership information when requested to do so. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre showed that ALP International LLC was incorporated on July 31st, 2018 and its directors are Parham Pedram and Masoud Sezavar Zakerian Zakerian, both of whom appear to be from Iran.

Parham Pedram: Disqualification (Qatar)

June 28, 2021
Public Notice by the Qatar Financial Centre Authority that it has imposed a three-year prohibition on Parham Pedram, described as a citizen of Iran.

Takaful International Company BSC: QAR728,000 Fine

September 27, 2020
Press Release by the Qatar Financial Centre Regulatory Authority announcing that it has imposed a fine of QAR 728,000 on Takaful International Company B.S.C., a licensed insurer, for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Companies Registration Office showed that Takaful International Company B.S.C. was incorporated in Bahrain on April 11th, 1989, its branch was authorized in Qatar on February 15th, 2011, and its "Principal Representative" in Qatar is Stephen Jijan.

International Financial Services (Qatar) LLC: ‘New Business’ Ban

September 23, 2020
Press Release by the Qatar Financial Centre Regulatory Authority announcing that it has ordered International Financial Services (Qatar) LLC, which is an insurance intermediary, to "immediately cease conducting new business" on the grounds of "fitness and propriety". Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Companies Registration Office showed that International Financial Services (Qatar) LLC was incorporated on July 28th, 2009, its directors are Rudolfs Veiss, Nigel Thomas, and Howard Perera, its "significant shareholders" are Amberberg Ltd., Louise Joan Kidd, and Thomas Fewtrell, its Secretary is Marc Reaidi, and its "Approved Auditor" is Deloitte and Touche.

Syscontek Consulting LLC: Public Censure

September 8, 2020
Public Statement by the Qatar Financial Centre Authority that it has censured Syscontek Consulting LLC for regulatory breaches regarding beneficial ownership requirements. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Public Register showed that Syscontek Consulting LLC, trading as SCT Consulting, was formed on November 26th, 2017, has had its "Licence Withdrawn by QFCA", and its "significant shareholder" is Allan Brandt Callo, whose LinkedIn profile states that he is based in Dallas, Texas.

Siham Boulbadaoui: Prohibition

September 8, 2020
Public Notice by the Qatar Financial Centre Authority that it has imposed a prohibition "against an Algerian female, Ms Siham Boulbadaoui".

Encryptics Data Security LLC et al: Public Censures

September 6, 2020
Announcement by the Qatar Financial Centre Authority that it has imposed "a public censure" on Encryptics Data Security LLC and Siham Boulbadaoui for regulatory breaches regarding beneficial ownership.

Horizon Crescent Wealth LLC: QAR30M Fine

March 29, 2020
Public Statement by the Qatar Financial Centre Regulatory Authority regarding fines totaling QAR 30 million imposed against Horizon Crescent Wealth LLC. Editor's Note: Research by OffshoreAlert showed that, in the Public Register for the Qatar Financial Centre, the directors of Horizon Crescent Wealth LLC are Patrick Baeriswyl and Jean Marc Mantegani, while Baeriswyl is the only person listed under "significant shareholders". Baeriswyl appears to be based in Switzerland and Mantegani appears to be a citizen of Switzerland based in England.

Horizon Crescent Wealth LLC: QFCRA Press Release

March 29, 2020
Press Release by the Qatar Financial Centre Regulatory Authority regarding a QAR 30 million fine imposed against Horizon Crescent Wealth LLC. Editor's Note: Research by OffshoreAlert showed that, in the Public Register for the Qatar Financial Centre, the directors of Horizon Crescent Wealth LLC are Patrick Baeriswyl and Jean Marc Mantegani, while Baeriswyl is the only person listed under "significant shareholders". Baeriswyl appears to be based in Switzerland and Mantegani appears to be a citizen of Switzerland based in England.

First Abu Dhabi Bank PJSC: QAR200 Million Fine

August 25, 2019
Press Release by the Qatar Financial Centre Regulatory Authority regarding a fine of QAR 200 million (US$ 55 million) imposed on First Abu Dhabi Bank PJSC for "obstruction of investigation into market manipulation".