DFSA

Unnamed entity

A Licensed Director and Finance Officer of GFS Investments (Middle East) Limited failed to ensure the firm's compliance with DFSA rules, leading to unauthorized trading, resulting in a USD 5,000 fine and resignation.

Date

2008-09-29

Entity type

—

Action type

Fine

Fine (as written)

US0$5000

Fine (normalised AED)

18,350

Personal fine

Yes

Individual role

Licensed Director and Finance Officer

Regulations breached

Regulatory Law Article 85; DFSA Rulebook Principles 2, 5, 6; COB 3.2.1; Article 41(1); GEN 5.3.19(1)

Scraped at

2026-07-04T16:59:57.503647+00:00

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