Financial Crimes

When a financial crime is committed, either through fraud, extortion, or money laundering, the person(s) or company involved unlawfully misuse or fraud the funds, property or financial instruments of unsuspecting individuals. Financial crimes have a major impact, often causing serious damage to the reputation of the individuals involved and accompanied by heavy fines and a prison sentence for the accused.

 

At MAK & Associates, our criminal law experts ensure that our focus remains on the clients’ best interests at every stage of criminal proceedings. From initial legal and strategic advice, to drafting and presenting an effective advocacy in the local courts, we defend complex financial crimes and related matters with vigor. We protect our clients best interests by providing indispensable guidance with the following:

  • Bounced Cheques
  • Cheques Fraud
  • Corporate Fraud
  • Anti-Money Laundering
  • Forgery
  • Breach of Trust & Embezzlement
  • Bribery
  • Interpol Arrest Warrant
  • Debt Recovery
  • Credit Card Settlements
  • Loans Settlements
  • One Day Court
  • Assets Tracing and Recovery
  • International Judicial Cooperation
  • Internal Investigations on Potential Violations

As experts in dealing with regulatory bodies, cross-border issues and multiple jurisdictions, we bring relief and experience in handling a financial crimes case. We represent and advise a wide range of clients, including financial institutions, government-owned entities, multi-national corporations and high profile individuals in the most time-and-cost-effective manner.

 

According to PwC’s 2018 Middle East Economic Crime and Fraud Survey, asset misappropriation, business misconduct and fraud committed by consumers are the three most frequent types of fraud crimes reported by respondents in the Middle East.

 

Anti-Money Laundering

The Middle East has its own special challenges in constructing anti-money laundering (AML) strategies. The region consists of various local and international banks, allows high levels of cash transactions through money service businesses, and its global trading hubs operate within geographical proximity to unstable or sanctioned locations, making AML operations more difficult to recognize.

 

Our criminal law experts have grown up in the Middle East, and their hands-on, personal knowledge and experience in the market allows us to address AML compliance and enforcement concerns affecting our clients, both locally and internationally. Our AML team advises clients on developing compliance programs and conducting compliance audits, while assisting in defense against enforcement actions by federal regulators, which includes conducting internal investigations and negotiating settlements.

 

We have substantial experience advising on AML compliance and governance issues and provide legal guidance to financial institutions, private equity and investment management firms, and other businesses with AML due diligence in a variety of corporate transactions.

 

For further information on Financial Crimes in the UAE, Call Us at 04 336 8833 or visit our NEWS section to read more on this topic.

When a financial crime is committed, either through fraud, extortion, or money laundering, the person(s) or company involved unlawfully misuse or fraud the funds, property or financial instruments of unsuspecting individuals. Financial crimes have a major impact, often causing serious damage to the reputation of the individuals involved and accompanied by heavy fines and a prison sentence for the accused.

 

At MAK & Associates, our criminal law experts ensure that our focus remains on the clients’ best interests at every stage of criminal proceedings. From initial legal and strategic advice, to drafting and presenting an effective advocacy in the local courts, we defend complex financial crimes and related matters with vigor. We protect our clients best interests by providing indispensable guidance with the following:

 

  • Bounced Cheques
  • Cheques Fraud
  • Corporate Fraud
  • Anti-Money Laundering
  • Forgery
  • Breach of Trust & Embezzlement
  • Bribery
  • Interpol Arrest Warrant
  • Debt Recovery
  • Credit Card Settlements
  • Loans Settlements
  • One Day Court
  • Assets Tracing and Recovery
  • International Judicial Cooperation
  • Internal Investigations on Potential Violations

 

As experts in dealing with regulatory bodies, cross-border issues and multiple jurisdictions, we bring relief and experience in handling a financial crimes case. We represent and advise a wide range of clients, including financial institutions, government-owned entities, multi-national corporations and high profile individuals in the most time-and-cost-effective manner.

 

According to PwC’s 2018 Middle East Economic Crime and Fraud Survey, asset misappropriation, business misconduct and fraud committed by consumers are the three most frequent types of fraud crimes reported by respondents in the Middle East.

 

Anti-Money Laundering

The Middle East has its own special challenges in constructing anti-money laundering (AML) strategies. The region consists of various local and international banks, allows high levels of cash transactions through money service businesses, and its global trading hubs operate within geographical proximity to unstable or sanctioned locations, making AML operations more difficult to recognize.

 

Our criminal law experts have grown up in the Middle East, and their hands-on, personal knowledge and experience in the market allows us to address AML compliance and enforcement concerns affecting our clients, both locally and internationally. Our AML team advises clients on developing compliance programs and conducting compliance audits, while assisting in defense against enforcement actions by federal regulators, which includes conducting internal investigations and negotiating settlements.

 

We have substantial experience advising on AML compliance and governance issues and provide legal guidance to financial institutions, private equity and investment management firms, and other businesses with AML due diligence in a variety of corporate transactions.

 

For further information on Financial Crimes in the UAE, Call Us at 04 336 8833 or visit our NEWS section to read more on this topic.

We strive to safeguard your legal interests.