UAE authority warns against dealings with unlicensed marketing firm

The UAE's markets authority on Monday, February 2, warned investors against dealing with an unlicensed marketing firm.

The company, Star Light Marketing Management Services, is not licensed by the UAE's Capital Market's Authority. The CMA further highlighted the company is not authorised to conduct regulated financial activities or provide related services.

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The CMA stated it bears no responsibility for any transactions or dealings involving this entity.

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Investors have been strongly urged to verify the licensing status of any entity before entering into agreements or transferring funds to avoid falling victim to potential fraud.

Written by

Khaleej Times Staff