Qatar Financial Centre Regulatory Authority v Horizon Crescent Wealth LLC (Appellate Division) [2021] QIC (A) 5 (20 June 2021)

The court held that the financial penalty and interest were validly imposed under the QFC Contract Regulations and are recoverable by the applicant.

Source-derived case information.

Citation: [2021] QIC (A) 5
Parties: Applicant: Qatar Financial Centre Regulatory Authority; Respondent: Horizon Crescent Wealth LLC
Jurisdiction: Qatar
Procedural Posture: Appeal / Appellate Division Judgment
Outcome: appeal allowed in part
Legal Topics: Financial Penalty, Interest, Post Judgment Interest, QFC Contract Regulations

Financial Regulation Debt Recovery Financial Penalty Interest Post Judgment Interest QFC Contract Regulations

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 2

Parties

Qatar Financial Centre Regulatory Authority

Applicant

Horizon Crescent Wealth LLC

Respondent

Procedural Posture

Appeal / Appellate Division Judgment

Legal Issues

1 whether the financial penalty imposed was valid under QFC Contract Regulations
2 whether interest and post judgment interest are recoverable

Ratio Decidendi

The court held that the financial penalty and interest were validly imposed under the QFC Contract Regulations and are recoverable by the applicant.

Court Disposition

appeal allowed in part

Orders

financial penalty and interest awarded to applicant
post judgment interest to accrue until payment

About this LexChat collection

Publisher and coverage

LexChat is published by Esheria. Coverage reflects the case law currently mapped from identified source collections; it may be incomplete, delayed, or later corrected. The official source controls where it differs from this research page.

AI and research method

Source-derived facts are shown separately from AI-generated material. If an AI summary is available, it is explicitly labelled and remains a non-authoritative research aid.

Corrections and reporting

Report a source mismatch, factual issue, personal-data concern, or licensing question to support@esheria.co.ke. Include this page's URL and the supporting official source so the record can be reviewed, corrected, restricted, or withdrawn.

Legal-information disclaimer

LexChat provides legal information and research tools, not legal advice. Verify currency, status, citations, and jurisdiction with authoritative sources and a qualified professional where appropriate.