DFSA

Mr David Barnett

Mr David Barnett was restricted from performing financial services functions in the DIFC for misrepresenting commodity ownership and reusing warrants he did not own.

Date

2019-04-01

Entity type

—

Action type

Revocation

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Yes

Individual role

Head of the Commodity Murabaha Broking Desk

Regulations breached

Article 59(1) of DIFC Law No. 1 of 2004 (Regulatory Law 2004); failure to act with integrity & fit and proper.

Scraped at

2026-07-04T16:54:37.243762+00:00

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