<a href="https://riffle.beehiiv.com/subscribe" target="_blank" rel="noopener noreferer">Click here to Subscribe now!</a>
 
A Fixed Penalty Regime (FPN) is coming. Put very simply, it works as follows:
<ol>
 <li>Breach occurs
</li>
 <li>DFSA issues an FPN.
</li>
 <li>Pay the penalty (maximum US$ 50,000) and remedy the breach.
</li>
 <li>If you do 3, DFSA doesn’t sanction you. No public censure and no fine.
</li>
 <li>If you don’t do 3, DFSA can launch enforcement proceedings (i.e. not good news)
 
Read <a href="https://dfsaen.thomsonreuters.com/sites/default/files/net_file_store/CP149_Fixed_Penalty_Notices.pdf?utm_source=riffle.beehiiv.com&utm_medium=referral&utm_campaign=let-s-talk-penalties" target="_blank" rel="noopener noreferer">more here</a>.
 
This episode is also available as a blog post: <a href="https://riffle.beehiiv.com/p/lets-talk-penalties" target="_blank" rel="noopener noreferer">https://riffle.beehiiv.com/p/lets-talk-penalties</a>
</li>
</ol>

Click here to Subscribe now! A Fixed Penalty Regime (FPN) is coming. Put very simply, it works as follows: Breach occurs DFSA issues an FPN. Pay the penalty (maximum US$ 50,000) and remedy the breach. If you do 3, DFSA doesn’t sanction you. No public censure and no fine. If you don’t do 3, DFSA can launch enforcement proceedings (i.e. not good news) Read more here. This episode is also available as a blog post: https://riffle.beehiiv.com/p/lets-talk-penalties

<a href="https://riffle.beehiiv.com/subscribe" rel="noopener noreferrer">Click here to Subscribe now!</a>
 
A Fixed Penalty Regime (FPN) is coming. Put very simply, it works as follows:
<ol>
 <li>Breach occurs
</li>
 <li>DFSA issues an FPN.
</li>
 <li>Pay the penalty (maximum US$ 50,000) and remedy the breach.
</li>
 <li>If you do 3, DFSA doesn’t sanction you. No public censure and no fine.
</li>
 <li>If you don’t do 3, DFSA can launch enforcement proceedings (i.e. not good news)
 
Read <a href="https://dfsaen.thomsonreuters.com/sites/default/files/net_file_store/CP149_Fixed_Penalty_Notices.pdf?utm_source=riffle.beehiiv.com&amp;utm_medium=referral&amp;utm_campaign=let-s-talk-penalties" rel="noopener noreferrer">more here</a>.
 
This episode is also available as a blog post: <a href="https://riffle.beehiiv.com/p/lets-talk-penalties" rel="noopener noreferrer">https://riffle.beehiiv.com/p/lets-talk-penalties</a>
</li>
</ol>

Let’s talk penalties…

Take a good look into how financial service businesses are authorised in the DIFC and the ADGM. 

We also assist you with setting up funds and obtaining financial licenses in Luxembourg. 

Get in touch should you wish to engage 10 Leaves to work on your licensing application!

https://10leaves.ae/

Business

Take a good look into how financial service businesses are authorised in the DIFC and the ADGM. We also assist you with setting up funds and obtaining financial licenses in Luxembourg. Get in touch should you wish to engage 10 Leaves to work on your licensing application! https://10leaves.ae/

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Let’s talk penalties…

Let’s talk penalties…