DFSA

Unnamed entity

An individual, a Licensed Director and Finance Officer of GFS Investments, was fined USD 5,000 and agreed to resign for failing to ensure compliance and adequate controls.

Date

2008-09-07

Entity type

broker

Action type

Multiple

Fine (as written)

USD 5,000

Fine (normalised AED)

18,350

Personal fine

Yes

Individual role

Licensed Director and Finance Officer

Regulations breached

Article 85 Regulatory Law, Principles 2, 5, 6 of DFSA General Module & COB Rules

Scraped at

2026-07-04T17:00:09.518487+00:00

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