Hedge Funds & Alternative Investments
Insurance
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DFSA Fines Clements Limited
The Dubai Financial Services Authority has imposed a fine of USD 85,191 on Clements Limited. The fine was imposed following a DFSA investigation conducted in collaboration with the Insurance Authority of the United Arab Emirates. The investigation found that, from January 2014 to July 2014, CDL engaged in prohibited insurance…
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Source: DFSA