ALERTS Clarification on Paymentology 21 Oct 2020 The DFSA notes several recent news articles stating that the DFSA has issued a financial services license to a company named “Paymentology.” These articles are not correct. Paymentology is not, and never has been, a DFSA Authorised Firm. To ascertain whether a firm […]
ALERTS False DFSA Certificate of Incorporation used in Scam 05 Oct 2020 The Dubai Financial Services Authority (DFSA) alerts the financial services community and the public about a fraudulent scam in which a false “Certificate of Incorporation” was used. The scammers provided potential investors with the false Certificate of Incorporation, […]
ALERTS DFSA Impersonated in an Advance Fee Scam 04 Oct 2020 The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public about a fraudulent advance fee scam in which the DFSA and its Chairman are impersonated. The scammers issue a fake letter which falsely […]
ALERTS The DFSA issues alerts about scams and other potentially fraudulent practices that may harm investors and damage the reputation of the Dubai International Financial Centre (DIFC). The alerts are intended to inform and educate investors so that they may take action to protect themselves. The DFSA maintains a list of […]
ALERTS DFSA and Other Authorities Impersonated in a Scam 03 Sep 2020 The Dubai Financial Services Authority (DFSA) warns the financial services community and members of the public of a scam in which the DFSA, the Dubai International Financial Centre (DIFC) Authority, and the DIFC Courts are impersonated. Also impersonated […]
Dubai Financial Services Authority to host RegTech Live event 27 May 2020 The Dubai Financial Services Authority (DFSA) will be hosting a virtual event on the 2nd and 3rd of June. The event, RegTech Live: Driving Compliance Through Innovation, will be held in partnership with the Dubai International Financial Centre Authority […]
ALERTS LinkedIn Profile Impersonating the DFSA and DFSA Staff 26 Apr 2020 The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public about a fraudulent scheme in which the DFSA and a staff member of the DFSA were impersonated. The scammers set up a […]
ALERTS DFSA cautions against fake DIFC firms 23 Apr 2020 The Dubai Financial Services Authority (DFSA) informs the financial services community and the public of scams in which the scammers falsely claim to be an Authorised Firm, based in the Dubai International Financial Centre (DIFC) and regulated by the DFSA. […]
DFSA Fines La Tresorerie for Serious Failings 23 Apr 2020 Serious and deliberate wrongdoing breached the prohibition against providing money services in or from the DIFC Firm’s activities increased risks of money laundering and endangered client money protections Following a lengthy investigation process, which commenced in 2017, the Dubai Financial […]
Dubai Financial Services Authority (DFSA) has an enforcement actions page… here!
Mr. Watchlist 