Dubai regulator fines Moody’s Middle East unit Dh2.15 million
Dubai: The Dubai Financial Services Authority (DFSA) has fined Moody’s Investors Service Middle East Limited $585,825 (Dh2.15 million) for failing to adequately protect confidential information. The regulator said the credit rating agency had insufficient systems and controls to safeguard data confidentiality and failed to ensure that employees did not disclose confidential information. Between…
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