DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES

Alerts

Back to alerts
30 Jan 2014, 12:01 pm

Clarification Regarding MAC Capital Limited and Star Capital (DIFC) Limited

The Dubai Financial Services Authority (DFSA) has recently received enquiries concerning the regulatory status of MAC Capital Limited (MAC Capital) and Star Capital (DIFC) Limited. MAC Capital was licensed by the DFSA on 27 November 2007 to provide certain financial services in or from the Dubai International Financial Centre (DIFC):Public-Register/FirmOn 27 October 2013, the DFSA withdrew the licence of MAC Capital at MAC Capital’s request. MAC Capital is no longer licensed to provide financial services in or from the DIFC, but had a commercial licence to operate in the DIFC. A commercial licence is granted by the DIFC Registrar of Companies.On 2 January 2014, MAC Capital changed its name to Star Capital (DIFC) Limited:http://www.difc.ae/star-capital-difc-limitedStar Capital (DIFC) Limited is not licenced by the DFSA to provide financial services in or from the DIFC.If you have any queries about the type of activities that DIFC-incorporated firms carry out in or from the DIFC, you should direct your enquiry to the DIFC Authority on +971 4 362 2222.If your enquiry is about the status of a regulated entity and about the type of activities that DFSA licensed firms can carry out in or from the DIFC, then you should direct your enquiry to email: [email protected]If you have a complaint about a firm in relation to financial services activities being conducted in or from the DIFC then you may direct your complaint to the DFSA Complaints function by accessing the complaints portal on the DFSA website:https://www.dfsa.ae/make-enquiry#complaints

For better web experience, please use the website in portrait mode