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what our automated collection process has captured to date — and entries may contain extraction errors, omissions, or outdated information.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
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