#Dubai Financial Services Authority

Dubai Regulator Slaps Moody's Middle East Unit with Dh2.15 Million Fine for Data Security Lapses

Dubai's financial regulator has fined Moody's Middle East unit Dh2.15 million for failing to protect confidential data over two years, citing seven incidents of inadvertent disclosure. The fine underscores the DFSA's commitment to maintaining the integrity of the UAE's financial system.