Arakan Forensic

UAE regulatory enforcement database

A growing, independently compiled record of fines, warnings, suspensions and reprimands published by CBUAE, DFSA, VARA, ADGM and SCA.

Last updated 03 Sep 2026, 07:32 UTC

This is not an official regulatory record. Arakan Forensic is an independent, automated compilation of enforcement notices published by CBUAE, DFSA, VARA, ADGM and SCA. It is not exhaustive — coverage depends on what each regulator has published and what our automated collection process has captured to date — and entries may contain extraction errors, omissions, or outdated information. Nothing on this site constitutes legal, financial, investment or compliance advice, and no representation or warranty is made as to the accuracy or completeness of any entry. Always verify against the original regulator publication (linked from each entry) before relying on any information here.
Total actions
333
Actions in 2026
9
Last 6 months
5
Total fines
AED 2.32B
Reset

Showing 50 of 333 actions

# Regulator Date Fine (AED) Entity Entity type Action type Source
1 VARA 2026-06-24 Peken Global Limited (Kucoin) VASP Multiple
2 VARA 2026-06-22 MX Global LTD (MEXC) VASP Multiple
3 ADGM 2026-05-11 73 ADGM FSRA Decision Notice for failing to attend compulsory interviews without reasonable excuse (Subject to appeal) Fine
4 ADGM 2026-05-11 73,400 ADGM FSRA Decision Notice for failing to attend compulsory interviews without reasonable excuse (Subject to appeal) Fine
5 DFSA 2026-04-01
6 DFSA 2026-02-02 1,849,680 Ark Capital Management (Dubai) Limited fund manager Fine
7 VARA 2026-01-13 Vesta Prime Portal Co. L.L.C. VASP Multiple
8 ADGM 2026-01-08 Wealthface Limited fund manager
9 DFSA 2026-01-01 Ed Broking insurance
10 CBUAE 2025-12-23 CBUAE Revokes the Licence of “Omda Exchange” and imposes a financial sanction of AED 10 million bank Revocation
11 CBUAE 2025-12-23 10,000,000 Omda Exchange exchange Multiple
12 ADGM 2025-12-17 132,120 Payward MENA Holdings Limited exchange Fine
13 ADGM 2025-11-24 187,170 FWS Group Ltd other Fine
14 DFSA 2025-10-29 Mr Kulvir Virk Revocation
15 VARA 2025-10-27 VESTA PRIME PORTAL CO. L.L.C VASP Cease & Desist
16 VARA 2025-10-07 VASP Multiple
17 ADGM 2025-10-03 8,000 ADS Investment Solutions Limited other Fine
18 ADGM 2025-10-02 24,000 PraxisIFM Trust Limited other Fine
19 ADGM 2025-09-25 13,000 ACM Limited other Fine
20 ADGM 2025-09-16 74,000 Wahed Invest Limited fund manager Fine
21 ADGM 2025-09-16 25,000 Freedom Advantage Funds OEIC PCC Limited fund manager Fine
22 ADGM 2025-09-12 12,000 Banque Richelieu GCC Limited bank Fine
23 ADGM 2025-09-02 69,000 Investcorp Saudi Pre-IPO Growth Fund LP fund manager Fine
24 ADGM 2025-09-02 57,000 Investcorp Islamic Saudi Pre-IPO Growth Fund LP fund manager Fine
25 ADGM 2025-09-01 5,000 Key Way Markets Ltd broker Fine
26 VARA 2025-08-27 UAEC Digital Fintech FZCO VASP Multiple
27 ADGM 2025-08-26 74,868 UHY James Chartered Accountants other Fine
28 CBUAE 2025-08-20 2,000,000 Malik Exchange exchange Multiple
29 CBUAE 2025-08-18 YAS Takaful PJSC insurance Suspension
30 VARA 2025-08-18 MORPHEUS SOFTWARE TECHNOLOGY FZE (FUZE) VASP Multiple
31 CBUAE 2025-08-06 600,000 Finance Company other Fine
32 CBUAE 2025-08-01 10,700,000 exchange Fine
33 CBUAE 2025-07-31 Gomti Exchange exchange Revocation
34 CBUAE 2025-07-30 Al Nahdi Exchange exchange Revocation
35 CBUAE 2025-07-29 insurance Suspension
36 ADGM 2025-07-29 30,000 Peregrine I Feeder Fund (OEIC) IC fund manager Fine
37 ADGM 2025-07-24 50,000 CMA fund manager Fine
38 VARA 2025-07-24 The Open Network Foundation Multiple
39 CBUAE 2025-07-21 800,000 exchange Fine
40 CBUAE 2025-07-16 bank Fine
41 CBUAE 2025-07-11 Al Khazna Insurance Company P.S.C insurance Revocation
42 CBUAE 2025-07-10 3,000,000 bank Fine
43 CBUAE 2025-07-07 Three Exchange Houses exchange Fine
44 CBUAE 2025-07-02 A branch of a foreign bank bank Fine
45 CBUAE 2025-06-25 3,502,214 bank Multiple
46 CBUAE 2025-06-24 2,000,000 exchange Fine
47 CBUAE 2025-06-17 10,000,000 Sundus Exchange exchange Multiple
48 ADGM 2025-06-13 91,000 Ousoul Assets Custodian and Trading Facilities Limited broker Fine
49 ADGM 2025-06-10 59,000 Plus Capital Limited fund manager Fine
50 CBUAE 2025-06-10 12,300,000 exchange Fine