Show/Hide Cookie Panel Show/Hide Cookie Panel
Search

Judgments

JEAN-MARC MANTEGANI v QATAR FINANCIAL CENTRE REGULATORY AUTHORITY

Regulatory Tribunal
RTFIC0003/2023
Neutral Citation
[2023] QIC (RT) 1
Date
17 May 2023
Status
Keywords
Regulatory Tribunal
Anti Money Laundering
Counter financing of terrorism
Anti-Money Laundering and Combating Terrorist Financing Rules 2010
MLROs
Customer due diligence
Judges
Sir William Blair
Sean Hagan
Dr. Muna Al-Marzouqi
Summary

Jean-Marc Mantegani, former Money Laundering Reporting Officer of Horizon Crescent Wealth LLC (HCW), appealed a decision by the Qatar Financial Centre Regulatory Authority (QFCRA) which found him in violation of several Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) requirements, imposing a financial penalty and prohibiting him from functioning within the Qatar Financial Centre indefinitely. Mantegani argued he did not fail in his duties and attributed responsibility to HCW’s former CEO. The Tribunal, however, found sufficient grounds in the QFCRA's findings to uphold the decision, noting Mantegani’s ineffective oversight.

Download Arabic
Download English

Judges

  • Sir William Blair

    England

  • Sean Hagan

    United States

  • Dr. Muna Al-Marzouqi

    Qatar

Judgment Content

Services

  • Decorative Pattern
    Judgments
    Judgments

    The Court administers swift, fair, cost-effective and enforceable judgements in line with global best practice, delivered by a distinguished panel of local and international judges.

  • Decorative Pattern
    Upcoming Hearings
    Upcoming Hearings

  • Decorative Pattern
    Courts
    Courts

    The Court’s independent judiciary is comprised of a civil and commercial court and a Regulatory Tribunal that specialises in regulatory appeals.

  • Decorative Pattern
    Mediation
    Mediation

    The Court offers mediation services to individuals, businesses, and others, whether located in Qatar or abroad. This is a voluntary process involving an independent third party (‘the mediator’) who helps the parties reach an amicable settlement in respect to their dispute.

  • Decorative Pattern
    Arbitration
    Arbitration

    Through its supervisory arbitrational jurisdiction under Law No 2 of 2017 issuing the Arbitration Law in Civil and Commercial Matters, parties can elect the QICDRC as the “Competent Court” of arbitration to perform various functions in relation to interim measures, enforcement of awards and appeals.

  • Decorative Pattern
    eCourt
    eCourt

    eCourt, QICDRC’s innovative electronic case management system, offers globally-accessible virtual hearing capabilities and live-streaming services.

Decorative Pattern

Useful Links

© 2026 All rights reserved.

Accessibility Tools

More info about Ask QICDRC
Start a new conversation

Ask QICDRC

Speak
Speak now... 60
Processing...
Send
Close
Disclaimer

The responses provided by Ask QICDRC are AI-generated. Those who require questions as to specific legal rules or procedures before the QFC Civil and Commercial Court or the QFC Regulatory Tribunal must carefully read the relevant regulations/laws and, where there is any doubt, should contact a member of the Registry by telephone or email.

Are you sure to start a new conversation?

Cannot connect to Chat API, Please try again...