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 |
|---|---|---|---|---|---|---|---|
| 151 | DFSA | 2023-12-26 | 5,023,375 | R.J. O’Brien (MENA) Capital Limited | broker | Fine | ↗ |
| 152 | CBUAE | 2023-12-14 | — | Cogent Insurance Broker | broker | Revocation | ↗ |
| 153 | DFSA | 2023-12-01 | — | R.J. O’Brien (MENA) Capital Limited | broker | — | ↗ |
| 154 | DFSA | 2023-11-01 | — | — | — | — | ↗ |
| 155 | ADGM | 2023-09-28 | 10,000 | Tech Holding Limited | other | Fine | ↗ |
| 156 | ADGM | 2023-09-27 | 1,783,620 | Pyypl Ltd | fintech | Fine | ↗ |
| 157 | VARA | 2023-09-26 | — | JP-ex Crypto Asset Platform Pty Ltd + JPEX Technical Support Co. Pty Ltd [collectively “JPEX”] | VASP | Warning | ↗ |
| 158 | ADGM | 2023-09-13 | 95,420 | Emirates Advocates LLP | other | Fine | ↗ |
| 159 | ADGM | 2023-08-11 | 49,545 | Prada Emirates L.L.C | other | Fine | ↗ |
| 160 | ADGM | 2023-08-11 | 49,545 | Prada Emirates L.L.C | other | Fine | ↗ |
| 161 | CBUAE | 2023-08-10 | 4,800,000 | — | exchange | Fine | ↗ |
| 162 | DFSA | 2023-08-09 | 121,917 | Remi Ishak | fund manager | Fine | ↗ |
| 163 | ADGM | 2023-07-20 | 264,240 | Equiom Corporate Services (Middle East) Ltd | other | Fine | ↗ |
| 164 | DFSA | 2023-07-18 | 11,092,575 | Mirabaud (Middle East) Limited | bank | Fine | ↗ |
| 165 | VARA | 2023-07-10 | — | BitOasis Technologies FZE | VASP | Warning | ↗ |
| 166 | DFSA | 2023-06-09 | 92,484 | Alessandro Faro Trading Ltd | other | Fine | ↗ |
| 167 | DFSA | 2023-06-01 | — | Fius | — | Fine | ↗ |
| 168 | CBUAE | 2023-05-23 | — | — | insurance | Suspension | ↗ |
| 169 | CBUAE | 2023-05-16 | — | — | bank | — | ↗ |
| 170 | VARA | 2023-04-12 | — | OPNX | VASP | Warning | ↗ |
| 171 | CBUAE | 2023-02-02 | 1,800,000 | — | other | Multiple | ↗ |
| 172 | DFSA | 2023-02-01 | 164,416 | Mr Stuart Coles | — | Multiple | ↗ |
| 173 | DFSA | 2023-01-31 | — | Zachary Cefaratti | fund manager | Multiple | ↗ |
| 174 | DFSA | 2023-01-31 | 596,375 | Dalma Capital Management Limited | fund manager | Fine | ↗ |
| 175 | DFSA | 2023-01-10 | 30,828 | EY Law LLP | other | Fine | ↗ |
| 176 | DFSA | 2023-01-04 | 20,552 | Nasco France SAS - DIFC Representative Office | other | Fine | ↗ |
| 177 | CBUAE | 2022-12-09 | 1,050,000 | — | exchange | Fine | ↗ |
| 178 | CBUAE | 2022-12-07 | 1,925,000 | — | exchange | Fine | ↗ |
| 179 | DFSA | 2022-11-02 | 1,835,000 | Mr Milind Ajit Navalkar | other | Fine | ↗ |
| 180 | ADGM | 2022-11-02 | — | Elia | fund manager | — | ↗ |
| 181 | ADGM | 2022-11-02 | — | Elia Investments Limited | fund manager | — | ↗ |
| 182 | DFSA | 2022-11-01 | — | — | — | — | ↗ |
| 183 | DFSA | 2022-11-01 | — | — | — | — | ↗ |
| 184 | CBUAE | 2022-08-31 | — | — | exchange | Multiple | ↗ |
| 185 | ADGM | 2022-08-25 | 1,321,200 | Wise Nuqud Ltd. | payment firm | Fine | ↗ |
| 186 | ADGM | 2022-07-19 | — | DSV | fund manager | — | ↗ |
| 187 | ADGM | 2022-07-19 | — | ADSI | fund manager | — | ↗ |
| 188 | ADGM | 2022-07-19 | — | Sarwa | fund manager | — | ↗ |
| 189 | CBUAE | 2022-06-16 | — | — | insurance | Multiple | ↗ |
| 190 | CBUAE | 2022-06-14 | — | — | other | Multiple | ↗ |
| 191 | ADGM | 2022-06-09 | — | ATME | broker | — | ↗ |
| 192 | ADGM | 2022-06-09 | — | ACL | broker | — | ↗ |
| 193 | DFSA | 2022-05-18 | — | — | — | Multiple | ↗ |
| 194 | DFSA | 2022-03-17 | 4,610,342 | Adenium Energy Capital Ltd (In Official Liquidation) (Adenium Cayman) | fund manager | Fine | ↗ |
| 195 | DFSA | 2022-03-16 | 354,096 | Adenium Energy Capital Advisors Limited | broker | Fine | ↗ |
| 196 | DFSA | 2022-03-16 | 482,972 | — | — | Fine | ↗ |
| 197 | DFSA | 2022-03-16 | 271,286 | Mr Youssef Fouad Chaker | fund manager | Fine | ↗ |
| 198 | DFSA | 2022-03-15 | — | Coworth Fintech Ltd | fintech | Reprimand | ↗ |
| 199 | DFSA | 2022-03-15 | — | Novus Fintech Ltd | fintech | Reprimand | ↗ |
| 200 | DFSA | 2022-03-15 | — | Coworth Investments Ltd | fund manager | Reprimand | ↗ |