DFSA imposes $1.5m fines on two companies and two individuals for unauthorised activities

The Dubai Financial Services Authority imposed fines collectively worth $1.55 million on two companies and two individuals belonging to the Adenium group, a solar energy projects operator, for breaches including unauthorised financial services activities. Both the firms, Adenium Energy Capital (Adenium Cayman), a Cayman Islands registered company, and Adenium Energy…