DFSA fines Abu Dhabi-based Vault Wealth $109,200 over unauthorised services
Dubai: The Dubai Financial Services Authority (DFSA) has fined Vault Wealth Limited (VWL) $109,200 (Dh401,000) for providing financial services in or from the Dubai International Financial Centre (DIFC) without the regulator's authorisation. The fine was reduced by 30% from $156,000 (Dh573,000) after VWL agreed to settle the matter, the DFSA said on Thursday. VWL is incorporated in Abu Dhabi…
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