← All enforcement actions
DFSA
View original notice →
Mr Ashish Bhandari
Mr. Ashish Bhandari was fined USD 165,000 and restricted for AML contraventions, misleading the DFSA, and obstructing an investigation while a relationship manager at ABN AMRO Bank.
Date
2020-09-17
Entity type
other
Action type
Multiple
Fine (as written)
USD 165,000
Fine (normalised AED)
605,550
Personal fine
Yes
Individual role
relationship manager
Regulations breached
AML Rules 3.4.4(1)(b), 7.3.1(1)(a), Regulatory Law Articles 66, 69, 83
Scraped at
2026-07-04T16:51:34.964171+00:00