Admirals Withdraws UAE License and Sells Australian Subsidiary

Admirals Group AS has cancelled the Financial Services Permission of its UAE arm, Admirals MENA Limited, with the Financial Services Regulatory Authority (FSRA). The approval took effect on November 4, 2025, as the company shifts focus to regions with higher growth potential.

At the same time, Admirals is divesting its Australian subsidiary to an unrelated buyer, part of its plan to streamline global operations. The moves follow its 2023 merger with Admiral Markets AS in Estonia.

Separately, AMTS Solutions, previously linked to Admirals, has become independent after its management acquired a majority stake. CEO Dmitry Rannev now holds 33%. The firm aims to expand its trading technology services, including a new web platform and liquidity pool under RannForex’s FSA license.

These changes mark a broader reshaping of Admirals’ operational and technological structure across markets.