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Ark Capital Management (Dubai) Limited
ARK was fined for failing to notify DFSA of suspected Market Abuse, establish controls against it, and inform about proposed changes to its Controllers.
Date
2026-02-02
Entity type
fund manager
Action type
Fine
Fine (as written)
USD 504,000
Fine (normalised AED)
1,849,680
Personal fine
No
Regulations breached
DFSA GEN Rules 11.10.12A, 5.3.20(a), 11.8.11(2), and Principles 3 & 10.
Scraped at
2026-07-04T10:27:25.622161+00:00