Enforcement

The Financial Services Regulatory Authority (FSRA) is the regulator of licensed financial services establishments in the Abu Dhabi Global Market (ADGM), which is a purpose built financial free zone located within the Emirate of Abu Dhabi in the United Arab Emirates. The regulatory alerts are intended to educate and inform the marketplace and investors of any wrongdoings, unauthorised activities and untoward events that have breached the FSMR rules.

The FSRA works closely with its fellow Registration Authority and ADGM Courts as well as other relevant authorities, to oversee and maintain a robust and well-regulated financial centre and safeguard the interests of investors. The FSRA issues regulatory alerts about potential fraudulent conduct that may harm investors and damage the reputation of the ADGM. The regulatory alerts are intended to educate and inform the marketplace and investors of potential misconduct so that they may take action to protect themselves. The FSRA maintains a list of regulatory alerts it has issued, which can be found below.

Date
Title
Company
Category
14 May 2019
Abu Dhabi Investment Group
Investment Scam
22 Apr 2019
Abu Dhabi Investment Group
Investment Scam
29 Nov 2018
XCOQ Pro Limited
Unauthorised Firm
15 Nov 2018
Al Mutahidha Investment Company PJSC
Investment Scam
14 Sep 2016
Rothschild Gulf Investment Bank
Unauthorised Firm
14 May 2019
Abu Dhabi Investment Group
Investment Scam
Company
Abu Dhabi Investment Group
Category
Investment Scam
22 Apr 2019
Abu Dhabi Investment Group
Investment Scam
Company
Abu Dhabi Investment Group
Category
Investment Scam
29 Nov 2018
XCOQ Pro Limited
Unauthorised Firm
Company
XCOQ Pro Limited
Category
Unauthorised Firm
15 Nov 2018
Al Mutahidha Investment Company PJSC
Investment Scam
Company
Al Mutahidha Investment Company PJSC
Category
Investment Scam
14 Sep 2016
Rothschild Gulf Investment Bank
Unauthorised Firm
Company
Rothschild Gulf Investment Bank
Category
Unauthorised Firm

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