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what our automated collection process has captured to date — and entries may contain extraction errors, omissions, or outdated information.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
251 DFSA 2019-09-01 Al Masah DIFC fund manager Reprimand
252 DFSA 2019-08-12 367,000 Anna Waterhouse bank Multiple
253 DFSA 2019-07-29 1,098,431,000 Abraaj Investment Management Limited fund manager Fine
254 DFSA 2019-07-18 1,468,000 Multiple
255 DFSA 2019-07-16 56,062,645 Abraaj Capital Limited fund manager Fine
256 DFSA 2019-06-01
257 ADGM 2019-04-14 36,700 Eshara Capital Limited fund manager Fine
258 ADGM 2019-04-14 36,700 Mr Alexander David Guy fund manager Fine
259 DFSA 2019-04-01 Mr Christopher Steer broker Suspension
260 DFSA 2019-04-01 Mr David Barnett Revocation
261 DFSA 2019-02-03 Mr. Arnab Mukherjee other Revocation
262 DFSA 2019-02-01
263 DFSA 2018-09-30 Royal Shield Limited other Revocation
264 DFSA 2018-06-01 Al Ramz broker
265 DFSA 2018-05-28 119,789 Mr Najim Abdullah Tayib Al Attar other Fine
266 DFSA 2017-09-14 Mr Prabhakar Kamath Reprimand
267 DFSA 2017-06-22 91,750 Mr Chetan Parmar Fine
268 DFSA 2017-05-03 192,675 Mr Andrew Grimes insurance Multiple
269 DFSA 2017-05-01
270 DFSA 2017-04-02 Mrs Jai Surve Reprimand
271 DFSA 2016-10-01
272 DFSA 2016-09-21 312,651 Clements (Dubai) Limited insurance Fine
273 DFSA 2016-05-09 205,520 Fine
274 DFSA 2016-05-09 205,520 Kapparath Muraleedharan Fine
275 DFSA 2016-03-30 Suspension
276 DFSA 2015-11-02 2,348,800 ABN AMRO Bank N.V. (DIFC Branch) bank Multiple
277 DFSA 2015-07-01
278 DFSA 2015-06-18 MAS Clearsight Limited broker Suspension
279 DFSA 2015-06-01 KUWAIT TURKISH PARTICIPATION BANK (DUBAI} LIMITED bank
280 DFSA 2015-05-14 205,520 United Investment Bank Limited bank Multiple
281 DFSA 2015-03-29 30,828,000 Deutsche Bank AG Dubai (DIFC) Branch bank Multiple
282 DFSA 2015-03-16 165,150 Mr. Hany Lotfy Awwad Abdelwahab Multiple
283 DFSA 2015-02-15 55,050 Middle East Auditing Office other Fine
284 DFSA 2014-08-20 Suspension
285 DFSA 2013-11-01
286 DFSA 2013-10-01
287 DFSA 2013-09-01
288 DFSA 2013-09-01
289 DFSA 2012-09-01
290 DFSA 2012-09-01 Arqaam Capital Limited fund manager
291 DFSA 2012-09-01 Arqaam Capital Limited broker
292 DFSA 2012-09-01
293 DFSA 2012-07-01
294 DFSA 2012-06-14 International Investment Group K.S.C. other Revocation
295 DFSA 2012-05-01
296 DFSA 2012-05-01
297 DFSA 2012-04-01
298 DFSA 2012-04-01
299 DFSA 2012-01-01 Capital Investment International Ltd fund manager Revocation
300 DFSA 2011-10-01