ADGM

Mr. Man Chung TSUI

Mr. Tsui, an SEO and LD of ATCM, was fined $40,000 and banned for 3 years for misleading the regulator, unauthorized activities, dealing with retail clients, and AML/COBS breaches.

Date

2019-12-16

Entity type

broker

Action type

Multiple

Fine (as written)

$40,000

Fine (normalised AED)

146,800

Personal fine

Yes

Individual role

Senior Executive Officer, Licensed Director

Regulations breached

Sections 16, 17, 221 FSMR, COBS, AML, GEN rules, Approved Persons Principles.

Scraped at

2026-07-04T14:17:54.381897+00:00

View original notice →