Wednesday 21 June 2022, Dubai, UAE Bhavin Shah, FRA’s Head of MEA, spoke today at The Wealth Today Summit where wealth practitioners across the region, such as family offices, wealth managers and regulators gathered to hear from experts on a variety of topics from leveraging data to cryptocurrencies to technological breakthroughs. Top of mind throughout […]
FRA News
Navigating Sanctions and the Legal Risks of Armed Conflict
Russia’s ongoing invasion of Ukraine has exposed how companies that operate in and near conflict zones, and deal with parties in countries engaged in armed conflict, are increasingly facing serious legal risks. There are risks attached to the potential links of companies and their executives with the perpetration by others of war crimes and crimes […]
The Growing Popularity of NFTs Poses Serious Money Laundering Concerns
The value of the Non-Fungible Token (NFT) market skyrocketed in 2021 to $44 billion, up from $106 million in 2020. The adoption of NFTs by high-profile celebrities, including Snoop Dogg, Jimmy Fallon, and Gwyneth Paltrow, has brought awareness of the asset class to a broader audience. However, NFTs present money laundering risks and face regulatory […]
Forensic Risk Alliance (FRA) continues to grow Middle East and Africa practice with new hire
15 June 2022, Dubai, United Arab Emirates: Forensic Risk Alliance (FRA), the leading forensic accounting, data analytics and eDiscovery consultancy, is pleased to announce the appointment of Temi Labor as Associate Director for its Dubai office. FRA launched its Dubai office in March 2022 to expand its practice across Middle East and Africa (MEA), marking […]
GIR: Europe, Middle East and Africa Investigations Review 2022
Despite a global decrease in 2021 in AML enforcement actions and penalties, they more than tripled in the Europe, the Middle East and Africa (EMEA) region from the year before. In this chapter published in GIR’s Europe, Middle East and Africa Investigations Review 2022 FRA authors; Charlie Steele, Bhavin Shah, Gerben Schreurs, Sarah Wrigley, and […]