Back to Insights listing

Commercial disputes, Insolvency, International / offshoreFriday 27 January 2023

Dubai Financial Services Authority case features in BBC documentary

The Dubai Financial Services Authority has fined KPMG LLP $1.5m and its former audit partner $500,000 for failings in the audit of Abraaj Capital Limited. This is the largest fine ever imposed on an auditor by the DFSA. It is currently part of a BBC documentary into the collapse into insolvency of the Middle East’s largest private equity firm, Abraaj Capital (Billion Dollar Downfall) and is reported here.

Tom Robinson acted as sole counsel for the DFSA, including in hearings before the DIFC Courts to determine how principles of open justice apply to the regulatory regime in Dubai.

People to view:

Share by: Email

Related Insights View all thought leadership

  1. Placeholder

    Recent Cases

    Judgment handed down in UBS AG v Kei and ors

    Property, Commercial disputes

    Alice Hawker
    Monday 15 September 2025

    View more
  2. Placeholder

    Articles

    Asymmetric Jurisdiction Clauses and EU Exceptionalism – Società Italiana Lastre v Agora

    Andreas Giannakopoulos has written a case comment for the Lloyd’s Maritime and Commercial Law Quarterly on Società Italiana Lastre SpA v Agora Sàrl (Case C-537/23), the first decision of the Court of Justice of the European Union to consider the validity... Read more

    By Andreas Giannakopoulos
    Monday 8 September 2025

    View more
  3. Placeholder

    News

    Wilberforce shortlisted in five categories at Chambers UK Bar Awards 2025

    We are delighted to announce that Wilberforce has been shortlisted in five categories at the Chambers UK Bar Awards 2025.

    Friday 29 August 2025

    View more
  4. Placeholder

    Recent Cases

    Judgment handed down in Glint Pay Ltd & Ors v Jason Baker & Geoffrey Rowley

    Insolvency

    Lexa Hilliard KC | Jack Watson
    Monday 18 August 2025

    View more

View all thought leadership