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Adenium Energy Capital Ltd (In Official Liquidation) (Adenium Cayman)
The DFSA fined Adenium Cayman USD1,256,224 for breaches of financial services, financial promotions, and marketing prohibitions under UAE financial regulations.
Date
2022-03-17
Entity type
fund manager
Action type
Fine
Fine (as written)
USD1,256,224
Fine (normalised AED)
4,610,342
Personal fine
No
Regulations breached
Regulatory Law 2004 Articles 41(1), 41A(1); GEN Rule 3.4.1; Collective Investment Law 2010 Article 50(1)
Scraped at
2026-07-04T16:49:10.352703+00:00