UAE regulator examines AIX Financial Consultations amid investor complaints and payment delays
The UAE Securities and Commodities Authority (CMA) reported an examination of AIX Financial Consultations' activities following information about delayed or missed payments to investors. The DIFC Courts are hearing a claim against the affiliated company AIX Secure SPV Ltd for a total of about $10 million, according to the Financial Times. The company says only a portion of its products is affected and promises a restructuring.
Javlon Tursunov