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DFSA acts on unlicenced firm
- United Arab Emirates: Wednesday, October 11 - 2006 at 07:44
UK-based Montpelier has agreed to stop all activities in the UAE, after it falsely claimed it was licenced by the Dubai Financial Services Authority, Dow Jones reported. The company has signed a written pledge with the DFSA to desist from offering any investment advisory services in the country until it gets a licence.
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James McInerney, News EditorWednesday, October 11 - 2006 at 07:44 UAE local time (GMT+4)
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