CBUAE

Unnamed entity

CBUAE sanctioned an exchange house, its owner and general manager for renting out its licence, prohibiting its operations and restricting the general manager's functions for one year.

Date

2022-08-31

Entity type

exchange

Action type

Multiple

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Yes

Individual role

owner and general manager

Regulations breached

Rented out its licence; Articles 87 and 137 of Federal Law No. 14 of 2018

Scraped at

2026-07-04T23:10:48.512112+00:00

View original notice →