Deutsche Bank to hand over documents in Dubai inquiry - FT.com

Deutsche Bank to hand over documents in Dubai inquiry - FT.com:



"Deutsche Bank has agreed to hand over documents related to a Dubai investigation into suspected violations of anti-money laundering and due-diligence procedures after being taken to court by the regulator of the emirate’s financial free zone.



Germany’s largest bank agreed at the Dubai International Financial Centre Courts to the regulator’s request for the disclosure of information on clients of its private wealth management division.



The Dubai Financial Services Authority launched the proceedings last October to force Deutsche Bank to comply with its probe."



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