UAE's arrest of South Africa's Gupta brothers, the FATF, and property prices

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

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7 June 2022

• Arrests of Sanjay Shah (dividend tax fraud suspect in Denmark) and Gupta brothers (corruption suspects in South Africa)

• UAE may be addressing FATF concern on its engagement in 'international cooperation' – the UAE was grey-listed in March

• Unquantifiable impact of tighter regulation of illicit financial flows on Dubai property prices – up 15% since 2020

Hasnain Malik

Strategy & Head of Equity Research @ Tellimer Research

Follow

7 June 2022

7 June 2022

Published byTellimer Research

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