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DFSA
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Mr Andrew Grimes
Andrew Grimes, an insurance firm SEO, was fined US$52,500 and banned by the DFSA for COB/AML breaches, Principle violations, and misleading the regulator.
Date
2017-05-03
Entity type
insurance
Action type
Multiple
Fine (as written)
US$52,500
Fine (normalised AED)
192,675
Personal fine
Yes
Individual role
SEO
Regulations breached
COB Rule 7.2.2(b), AML Rules, DFSA Principles (2, 4, 6), Regulatory Law Article 66
Scraped at
2026-07-04T16:55:29.852091+00:00