ADGM

Elia

Unlicensed entity Elia made false statements about offering financial services, including asset management and credit, and unlawfully obtained client funds for unfulfilled loans.

Date

2022-11-02

Entity type

fund manager

Action type

—

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Regulations breached

Unlicensed operation, false/misleading statements, unauthorized provision of credit (Section 16 FSMR)

Scraped at

2026-07-04T14:16:14.064787+00:00

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