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UAE authority warns of company operating without licence

ZaraFX marketing services' address was defined as 'undefined' by the authority

Published: Mon 7 Oct 2024, 9:51 AM

Updated: Mon 7 Oct 2024, 10:27 AM

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A UAE authority on Monday announced that ZaraFX marketing services CO L.L.C did not have any licence from it.

The company does not hold any licence with the Securities and Commodity Authority to engage in any financial activities or services subject to the regulation and licensing of the authority.

The authority disclaimed any responsibility for any dealings with the above mentioned company.

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The company's address has been defined as 'undefined' by the authority.

Earlier this month, the authority warned of an 'unknown party' for impersonating the identity of the company FH Capital.

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