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AC
AC failed to submit its CRS and FATCA risk assessments by the due date, resulting in two AED 10,000 penalties from the FSRA.
Date
2024-12-17
Entity type
other
Action type
Fine
Fine (as written)
AED 20,000
Fine (normalised AED)
20,000
Personal fine
No
Regulations breached
FATCA Regulations (6(1), 9(1)(b)), CRS Regulations (6(1), 9(1)(b)), CRS Cabinet Resolution (4(7)), FATCA Cabinet Resolution (5(3)(e))
Scraped at
2026-07-04T14:14:20.334546+00:00