Dubai: The UAE’s Capital Market Authority (CMA) is reviewing the activities of AIX Financial Consultations after receiving information about the company, the regulator said in a statement.

The announcement follows reports of delayed and missing investment payouts linked to Dubai-based AIX Investment Group and recovery claims brought by investors.

The CMA said it was conducting a “thorough review in accordance with its regulatory mandate and applicable legal procedures”.

The authority did not detail the information it had received or announce findings in the statement.…