Regulation
Middle East | 20 Nov 24
Qatar financial regulator fines advisory firm after ‘false claims’ investigation
The firm was not regulated to arrange deals in investments
Cyprus Securities and Exchange Commission warns against raft of unregulated entities
The regulator urged investors to consult its website before conducting business with investment firms
FCA bans duo for ‘recklessly breaching’ advice firm’s asset requirement
The firm’s bank accounts held no funds for customers who were owed redress
Cyprus-run fake investment platforms defraud German investors of €10m
13 fake investment platforms were blocked in cross-jurisdiction operation
Dubai FSA imposes $100k fine over unauthorised financial promotions in DIFC
The DFSA said it ‘will not hesitate to act against firms that mislead the public about their regulatory status or location’