QFC QFC Case No. 001/2012
Abdelkareem v QFC Regulatory Authority
Type
Case
Court
Qatar Financial Centre - QATAR FINANCIAL CENTRE, CIVIL AND COMMERCIAL COURT
Jurisdiction
Qatar Financial Centre
Taxonomy
Financial Services & Activities, Financial Institutions, Regulation & Offences, General Professions & Ethics
Copyright
LexisNexis
Decision date
2 Aug 2012
Hearing/Judgment date
2 August 2012
Panel
Lord Woolf P and Sir David Keene
Catchwords
Financial Services – Regulation – Duties of financial officers – Applicant chief financial officer of bank authorised by respondent QFC authority – Bank's capital position inaccurately stated to authority – Authority finding appellant knowingly in breach of requirements of integrity, skill, care, relations with regulator, management and compliance – Authority imposing penalty and prohibition order on appellant – Regulatory tribunal upholding authority’s decision –Applicant seeking permission to appeal – Appropriate standards required by relevant regulations – Whether appellant in breach of standards – Whether penalty appropriate – Practice – Appeal – Permission to appeal – Test for permission to appeal