Back to alerts
17 Nov 2023, 12:16 pm | Unauthorised firm

Clarification of the regulatory status of Vlado Brokers Limited, Vlado Consultants Limited and Volo Finance

The Dubai Financial Services Authority (DFSA) wishes to clarify the regulatory status of three firms, namely:

  • Vlado Brokers Limited;
  • Volo Finance; and
  • Vlado Consultants Limited.

Vlado Brokers Limited, Volo Finance and Vlado Consultants Limited are not, and have never been, licensed by the DFSA to provide Financial Services or make Financial Promotions in or from the Dubai International Financial Centre (DIFC).

Vlado Consultants Limited has a registered address in the DIFC. However, it is not licenced to carry out any Financial Services or Financial Promotions activities in or from the DIFC.

The DFSA issues such clarifications to avoid possible confusion. Previous clarifications can be found here.

DFSA Authorised Firms are subject to financial services laws and rules administered by the DFSA. These laws and rules are designed to protect users and potential users of the financial services industry in the DIFC, including consumers, when they engage with an Authorised Firm to obtain a financial product or financial service.

Only DFSA Authorised Firms are permitted to provide financial services in or from the DIFC, subject to the laws and rules mentioned above. If you are unsure of the regulatory status of a firm, please check the DFSA’s PUBLIC REGISTER before entering into any financial services activity with that firm.

If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the DIFC, DFSA or a DFSA regulated Firm, you should direct your concerns to the DIFC on Tel: +971 4 362 2222 and to the DFSA via the DFSA Complaints function on: COMPLAINTS.

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