23 November 2022: Abu Dhabi Global Market’s (ADGM) Registration Authority (RA) has issued an alert to the public to look out for people issuing forged RA commercial licences under the name Emirates Commercial Insurance LLC.
The RA stresses that Emirates Commercial Insurance LLC is not incorporated in the ADGM or licensed to conduct business in the ADGM.
Falsely claiming registration to conduct business in the ADGM can lead to a fine of up to US$15,000 per contravention.
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