QFC 11/2019; [2022] QIC (C) 1
Qatar Financial Centre Regulatory Authority v First Abu Dhabi Bank P.J.S.C.
Type
Case
Court
Qatar Financial Centre - Costs
Jurisdiction
Qatar Financial Centre
Taxonomy
Civil Costs, Regulation & Offences, Sentencing Powers & General Principles of Sentencing
Decision date
26 Jun 2022
Panel
Chris Grout, Registrar
Catchwords
FInancial Services Offence - No-payment - Post Judgment Debt - Enhanced Interest - Calculation of Interest - Bank
This case involved the post judgment interest which should be payable after a bank was found guilty of a financial services offence and failed to pay the resulting financial penalty. Key issues included how that interest should be calculated and whether enhanced interest should be charged.