Alvarez & Marsal Managing Director, Jean Chow-Callam provides insight in The Corporate Treasurer article, "Comply or Die: Why Asia Outbound Companies Need to Keep it Clean."

Leading global professional services firm Alvarez & Marsal (A&M) today released its latest UAE Banking Pulse for Q2 2019 which shows that the UAE banking sector remains resilient as banks continue to report a steady performance despite the economic slowdown.

Alvarez & Marsal Middle East Limited (A&M) is delighted to publish the Q2’19 edition of the UAE Banking Pulse (“The Pulse”). In this quarterly series, we share results from our research examining the top ten largest listed UAE banks by assets, and highlight key performance indicators of the UAE banking industry.

In a noteworthy change of events from recent years, this Summer saw the U.S. Senate approve and the President ratify four income tax treaty amendments (protocols): Luxembourg Japan, Spain, and Switzerland. These protocols were negotiated several years back but have been held up in the Senate Foreign Relations Committee by Senator Rand Paul from Kentucky for taxpayer privacy concerns since 2011.

Senior Director Michael Carter recently participated in a Q&A “How Can Countries Get the Upper Hand Against Launderers” with Financial Services Advisor focusing on anti-money laundering efforts in Latin America.

An evolving cyber security scenario is forcing corporations to manage cyber risk in a more comprehensive and holistic way. A&M helps Board of Directors and Top Management to understand, evaluate and effectively manage cyber risks, in order to justify cyber security investments by the reduction of the related business risk below the company risk appetite.

A&M’s Leeds office supplements global expertise with deep knowledge of local markets.

There are currently over a dozen banks embroiled in the ongoing Europe-wide Russian money-laundering scandal, and some have collapsed under the weight of their financial crime failures. Given the focus of both regulators and financial institutions on financial crime risks, why are banks continuing to fail in this area?

The Serious Fraud Office (SFO) has released new guidance on how companies should co-operate; but what does it really mean for your business?

Benchmarking can not only help identify areas of underperformance but also act as a “call to action” for the management team to undertake an aggressive, enterprise-wide transformation.

For the second year in a row, Alvarez & Marsal (A&M) is named a leader within the transactions - acquisitions consulting industry by ALM Intelligence – Consulting Division, previously known as Kennedy Consulting, a provider of proprietary data, analysis, tools and knowledge used by buy-side corporate clients for critical business decisions.

When an employee earns wages, both the employer and the employee are liable for a portion of Social Security taxes and Medicare taxes (collectively referred to as “FICA” taxes) on the compensation.

Accelerated sale of a tubular welded manufacturer to a trade buyer, Fablink Toolspec via pre-pack. ​

A&M Senior Director Michael Carter recently co-authored an article “Too Many Stakeholders in the Kitchen,” covering corporate investigations for CEP Magazine along with Lex Urban of Cadwalader, Wickersham & Taft LLP.

Make no mistake, there is a data science revolution underway. While artificial intelligence (“AI”) may bring currently unimagined benefits, unforeseen consequences will also manifest as a result of this transformation which is occurring at a pace beyond our ability to monitor, harness and govern.