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
Total actions
333
Actions in 2026
9
Last 6 months
5
Total fines
AED 2.32B
Showing 50 of 333 actions
| # | Regulator | Date | Fine (AED) | Entity | Entity type | Action type | Source |
|---|---|---|---|---|---|---|---|
| 101 | VARA | 2025-01-02 | — | Coin Swapz Trading DMCC | VASP | Multiple | ↗ |
| 102 | ADGM | 2024-12-31 | — | — | — | — | ↗ |
| 103 | ADGM | 2024-12-26 | — | — | — | — | ↗ |
| 104 | ADGM | 2024-12-18 | — | — | — | — | ↗ |
| 105 | ADGM | 2024-12-17 | 20,000 | LHL | other | Fine | ↗ |
| 106 | ADGM | 2024-12-17 | 20,000 | AC | other | Fine | ↗ |
| 107 | ADGM | 2024-12-13 | 1,849,680 | Aarna Capital Limited | broker | Fine | ↗ |
| 108 | ADGM | 2024-12-11 | 66,000 | Investcorp Saudi Pre-IPO Growth General Partner Limited | fund manager | Fine | ↗ |
| 109 | ADGM | 2024-12-11 | — | — | — | — | ↗ |
| 110 | ADGM | 2024-12-11 | 10,000 | Investcorp Islamic Saudi Pre-IPO Growth Fund LP | fund manager | Fine | ↗ |
| 111 | VARA | 2024-11-29 | — | Stabit | VASP | Warning | ↗ |
| 112 | ADGM | 2024-10-30 | 10,000 | 8F Asset Management Middle East Limited | fund manager | Fine | ↗ |
| 113 | DFSA | 2024-10-04 | — | Xen Capital Asia Pte Ltd (DIFC Representative Office) | fund manager | Revocation | ↗ |
| 114 | CBUAE | 2024-10-02 | — | — | insurance | Suspension | ↗ |
| 115 | ADGM | 2024-10-01 | 10,000 | ORP Participations LP | other | Fine | ↗ |
| 116 | ADGM | 2024-09-30 | — | Global Investments Limited | fund manager | Revocation | ↗ |
| 117 | ADGM | 2024-09-30 | 1,000 | NLVostok Holding Limited | other | Fine | ↗ |
| 118 | ADGM | 2024-09-26 | 1,000 | SOF | fund manager | Fine | ↗ |
| 119 | ADGM | 2024-09-26 | 2,000 | LFV | other | Fine | ↗ |
| 120 | DFSA | 2024-09-17 | 2,645,721 | OCS International Finance LTD | broker | Fine | ↗ |
| 121 | DFSA | 2024-09-17 | 682,631 | Christian Franz Thurner | other | Multiple | ↗ |
| 122 | CBUAE | 2024-09-16 | 5,000,000 | — | bank | Fine | ↗ |
| 123 | ADGM | 2024-09-13 | 10,000 | MGP | other | Fine | ↗ |
| 124 | ADGM | 2024-09-13 | 10,000 | ICGS Investment Management Limited | fund manager | Fine | ↗ |
| 125 | ADGM | 2024-09-13 | 10,000 | Wealthface | other | Fine | ↗ |
| 126 | VARA | 2024-09-03 | — | BTC BAY PAYMENT SERVICES PROVIDER LLC | VASP | Multiple | ↗ |
| 127 | DFSA | 2024-09-01 | — | Baker Tilly MKM Chartered Accountants | other | — | ↗ |
| 128 | VARA | 2024-08-23 | — | COINCASHY COMMERCIAL BROKERS LLC | broker | Multiple | ↗ |
| 129 | VARA | 2024-08-23 | — | CRYPTO FORCE DMCC | VASP | Multiple | ↗ |
| 130 | VARA | 2024-08-23 | — | STABIT DMCC | VASP | Multiple | ↗ |
| 131 | VARA | 2024-08-23 | — | KOTO CRYPTO DMCC | VASP | Multiple | ↗ |
| 132 | CBUAE | 2024-08-22 | — | Muthoot Exchange | exchange | Revocation | ↗ |
| 133 | DFSA | 2024-08-19 | 3,596,673 | Mr Peter Georgiou | — | Multiple | ↗ |
| 134 | CBUAE | 2024-08-12 | — | — | insurance | Multiple | ↗ |
| 135 | CBUAE | 2024-08-02 | 5,800,000 | — | bank | Fine | ↗ |
| 136 | ADGM | 2024-08-02 | 117,440 | Sovereign Corporate Services ME Limited | other | Fine | ↗ |
| 137 | CBUAE | 2024-07-26 | — | Galaxy Insurance Broker | insurance | Revocation | ↗ |
| 138 | DFSA | 2024-06-19 | 513,800 | Symphony Services Limited (SSL) | other | Multiple | ↗ |
| 139 | DFSA | 2024-06-13 | 91,750 | Al Ramz Capital LLC | broker | Fine | ↗ |
| 140 | DFSA | 2024-06-07 | 770,700 | Symphony Services Limited | other | Multiple | ↗ |
| 141 | DFSA | 2024-05-16 | 701,337 | Sarwa Digital Wealth Limited | fintech | Fine | ↗ |
| 142 | ADGM | 2024-05-15 | 449,575 | Sarwa Digital Wealth (Capital) Limited | fintech | Multiple | ↗ |
| 143 | DFSA | 2024-05-03 | 367,000 | Vedas International Marketing Management | other | Fine | ↗ |
| 144 | CBUAE | 2024-02-06 | — | Smart and Secure Insurance Agent | insurance | Revocation | ↗ |
| 145 | ADGM | 2024-01-18 | 50,000 | Sarwa Digital Wealth (Capital) Limited | fintech | Fine | ↗ |
| 146 | ADGM | 2024-01-17 | 35,000 | Access Bridge Ventures Fund LP | fund manager | Multiple | ↗ |
| 147 | ADGM | 2024-01-16 | 5,000 | Anamcara Fund I. L.P | fund manager | Fine | ↗ |
| 148 | ADGM | 2024-01-16 | 60,000 | Aarna Capital Limited | fund manager | Fine | ↗ |
| 149 | ADGM | 2024-01-16 | 10,000 | AGRINV SPV RSC Limited | other | Fine | ↗ |
| 150 | CBUAE | 2024-01-12 | — | First Insurance Brokers Company | insurance | Revocation | ↗ |