Dubai regulator penalises Moody’s unit over confidentiality failures
Arabian Post Staff -Dubai Dubai’s financial regulator has imposed a $585,825 (Dh2.15 million) penalty on Moody’s Investors Service Middle East Limited after finding failures in its protection of confidential information, including disclosures to recipients outside the company. The Dubai Financial Services Authority (DFSA) announced the action on Wednesday, saying the credit rating agency had…
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