The Dubai
Financial Services Authority (DFSA) banned Kulvir Virk from working in
financial services within the Dubai International Financial Centre (DIFC),
marking the second time in 18 months that a regulator has prohibited the former
SVS Securities chief executive from the industry.The DFSA
moved quickly after learning in November 2024 that Virk had become involved
with a regulated firm in the DIFC despite being barred by the UK’s Financial
Conduct Authority (FCA) five
months earlier…
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