3 mn read
1

Sarwa Digital Wealth Faces $390k in Fines from DFSA and FSRA

Posted in Editorial

3 mn read In a shocking turn of events, Sarwa Digital Wealth, the UAE-based robo-advisory startup, has been hit with a combined fine of $390,000 (1.43 million AED) by the Dubai Financial Services Authority (DFSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The fines were imposed for making a sale offer of securities to the public without an approved prospectus, which is […]

Continue reading "Sarwa Digital Wealth Faces $390k in Fines from DFSA and FSRA"

Your chance to share your opinion and argue in the comments

Learn more about Crunch/Dubai

Crunch Dubai is a community-orientated media portal. We find cool stories. Experts and entrepreneurs write their stories on our platform.

Learn latest Tech and Business news in home town

Crunch Dubai is a hyperlocal media portal. Real people, real business, real stories

Become an expert

If you want to promote your expertise, reach out to [email protected]