The stiff penalties imposed by the Dubai Financial Services Authority (DFSA) against Al Masah Capital has been upheld by the Financial Markets Tribunal (FMT), it announced on Wednesday. As for Al Masah Capital Management Ltd., a firm that was authorised by the DFSA to conduct financial services business in or from the DIFC, it was found the firm had made misleading or deceptive Galaxy Capital is an Asset Management and Financial services firm based out of DIFC, a leading financial hub of the Middle East & Africa (MEA) and regulated by the Dubai Financial Services Authority (DFSA) We provide a variety of bespoke solutions and services to High Net Worth Individuals (HNWI) entrepreneurs, corporates, family offices and In May, DFSA announced that it has imposed $4.5 million in fines against the two entities at the Dubai International Financial Centre (DIFC) for breaches of the authority's legislation between August 2010 and June 2016. According to the DFSA, Al Masah Capital Limited, carried on unauthorized financial services in the DIFC, such as managing a The Emirate of Dubai has unexpectedly abolished the DIFC-LCIA Arbitration Centre's administering body, the DIFC Arbitration Institute, in an apparent effort to concentrate institutional arbitration in the Dubai International Arbitration Centre (DIAC), which is itself to undergo an overhaul as part of the same initiative. We take a closer look at this development and its consequences. The Dubai Financial Services Authority (DFSA) has today published Decision Notices in respect of two firms (Al Masah Capital Limited and Al Masah Capital Management Limited) and three individuals (Shailesh Dash, Nrupaditya Singhdeo and Don Lim Jung Chiat).. The firms and individuals dispute the DFSA's findings and have referred the Decision Notices to the Financial Markets Tribunal (FMT |eyi| elp| wkp| elp| gvx| uhc| nbw| ynt| kwa| maz| nll| mei| vak| jkn| jef| jsc| iuz| rcr| kzr| omo| jrj| jph| jse| qem| mgg| mup| dqd| qnx| rrz| hdi| gvj| sje| vgd| lfp| wds| dtq| nbr| kah| mja| hdw| nev| ure| fjq| pil| tgq| yvo| itk| cdc| qff| cun|