DFSA ACTION: Mr Samir Madison-Jammal

DFSA imposed an administrative censure against Mr Samir Madison-Jammal, a former Authorised Individual of a Firm authorised by the DFSA to provide financial services in the Dubai International Financial Centre (DIFC). The censure arose as a consequence of Mr Madison-Jammal’s failure to notify the DFSA of a material change in the application by the Firm for the granting of its license to provide financial services in the DIFC. Mr Madison-Jammal is also censured for being knowingly and directly concerned in the failure of the Firm to have mandatory appointments in place from the date of its Licensing in 2009.
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About The Author

Felix Shipkevich

Felix Shipkevich is a Manhattan-based attorney and general counsel for Shipkevich Law Firm. He has extensive experience working with the CFTC and NFA on registration, compliance, and enforcement issues for CPOs, CTAs, FCMs, IBs, and RFEDs. Felix also practices intellectual property and corporate governance law.