DFSA

MAS Clearsight Limited

MAS Clearsight Limited had its license suspended by the DFSA for marketing an unregulated foreign fund, failing suitability assessments, and breaching COB and AML rules, leading to investor losses.

Date

2015-06-18

Entity type

broker

Action type

Suspension

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Regulations breached

Collective Investment Law 2010 Art. 50, CIR 15.1.3, Principle 8 (Suitability), COB, AML

Scraped at

2026-07-04T16:56:24.679031+00:00

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