World Credit Solutions Ltd.: $5K Fine

Public Notice by the Abu Dhabi Global Market Financial Services Regulatory Authority that it has imposed a fine of $5,000 on World Credit Solutions Ltd., which claims on its website at www.worldcredit.solutions to offer “regulatory compliance services”, for regulatory breaches, including a failure to “be open and cooperative in all its dealings with the Regulator”. Editor’s Note: Research by OffshoreAlert in the National Economic Register of the United Arab Emirates showed that World Credit Solutions Ltd. was incorporated on April 19th, 2018 and operated as a “management consultancy” and “compliance consultancy”. No information about the company’s officers, directors, or shareholders was available on the NER or on the firm’s website and the ownership of its domain name is concealed using a privacy service.