The Dubai Financial Services Authority, or DFSA, imposed a combined $5.03 million penalty on Al Masah Capital and Al Masah Capital Management Ltd. and three Al Masah executives, including the firm’s founder Shailesh Dash, the regulator said in a statement Monday.

On 17 June 2012, Ian Johnston assumed duties as Chief Executive Succeeding Paul Koster. Every year since its launch in May 2006, the DFSA’s Tomorrow’s Regulatory Leaders Programme has trained and developed sustainable career opportunities for UAE Nationals.DFSA jointly organises an outreach event with the Institute of Chartered Accountants in England and Wales (ICAEW) on the new Extended Audit Reports. © 2020 DFSA refers to the Dubai Financial Services Authority, a body established under Dubai law as the independent regulator of financial services and related activities for the DIFC.
During the ceremony the DFSA congratulated 4 TRL Associates bringing the total number of graduates from the programme to 24.The DFSA entered into an agreement with the Australian Prudential Regulation Authority (APRA).
The Dubai Financial Services Authority is born. We take your use of the DFSA’s website to mean that you consent to having these cookies on your device. That is how the server can recognise you. The DFSA issued a report on its key findings of audit inspections conducted by the DFSA from January 2008 to December 2012. The DFSA celebrates 10 years as a regulator in pursuit of its mission to develop, administer and enforce world-class regulation of financial services within the DIFC.The DFSA held its annual Tomorrow's Regulatory Leaders (TRL) awards ceremony. On Sunday 24 April 2005, the 48 members of the DFSA moved across the road from Emirates Tower to its headquarters on Level 13 of The Gate building.In October 2011, the DFSA assumed the responsibility for maintaining the Official List of Securities from NASDAQ Dubai.The DFSA received a delegation of powers from the DIFC Registrar of Companies under which the regulation of DIFC’s anti-money laundering and counter-terrorist financing requirements for Designated Non-Financial Businesses and Professions (DNFBPs) in the DIFC was transferred from the DIFC Authority to the DFSA. The highlights are as follows. Today, graduates of the TRL Programme have joined other UAE Nationals in key positions within the DFSA, now representing more than 30% of the regulatory workforce and comprising the largest national group in the organisation.Since its inception the DFSA has recruited experienced staff from around the globe. Every year since its launch in May 2006, the DFSA’s Tomorrow’s Regulatory Leaders Programme has trained and developed sustainable career opportunities for UAE Nationals.DFSA jointly organises an outreach event with the Institute of Chartered Accountants in England and Wales (ICAEW) on the new Extended Audit Reports. Since its launch in 2006 33 Emiratis have graduated from the Programme which has significantly contributed to UAE Nationals making up over 30% of the DFSA’s regulatory staff. These images represent staff who have been employed with the DFSA for ten years or more, and those recruited in the last year.The European Commission recognised the DFSA’s Audit Oversight System. It also reached 100 employees for the first time.The DFSA issued its Hedge Fund Code of Practice, the first of its kind to be issued by a regulator and a landmark code in the regulation of the international Hedge Fund industry. The DFSA successfully hosted the 17th Annual Conference of the IAIS in Dubai.The DFSA extends its formal ties with its counterpart in Indonesia through the signing of a MoU with Otoritas Jasa Keuangan (OJK).The DFSA entered into a MoU with the Telecommunications Regulatory Authority (TRA). The Dubai Financial Services Authority, or DFSA, imposed a combined $5.03 million penalty on Al Masah Capital and Al Masah Capital Management Ltd. and three Al Masah executives, including the firm’s founder Shailesh Dash, the regulator said in a statement Monday. Different types of cookies do different things. By the end of 2008, the DFSA workforce was comprised of 13% UAE National staff - almost a 100% increase from just under 7% at the end of 2005 prior to the launch of the TRL Programme. With this announcement, the Commission has concluded that the DFSA has competence in oversight, external quality assurance and investigation of auditors and audit firms.A senior delegation from the DFSA, meet with the Governor of the Reserve Bank of India (RBI) in April, to enhance co-operation and to discuss initiatives to promote further growth in these two leading financial centres.The DFSA publishes its 2015/2016 Business Plan outlining three key strategic themes of delivery, sustainability and engagement are announced by the DFSA to drive business plans over the next 2 years.The DFSA announced the launch of a new mobile application and its newly revamped website. The DFSA said it will prohibit them from performing any financial services work in or from Dubai’s finance hub. It operates only within the special economic zone and is tasked with providing a regulatory environment of international standards. The DFSA’s action against Al Masah comes less than a year after it fined Abraaj Group, once the Middle East’s leading private-equity firm, a record $315m for lying to investors and misappropriating funds. In September 2010, the DFSA and the Institute of Chartered Accountants in England and Wales (ICEAW) hosted a Breakfast Briefing, ‘The Future of Audits’.In November 2008, the DFSA licensed its 300th Regulated Firm within the DIFC.On 11 December 2008, Paul Koster assumed duties as Chief Executive succeeding David Knott.The DFSA established a Market Practitioner Panel to review its Collective Investment Funds regime.In October 2006, the DFSA licensed its 100th Regulated Firm.On 20 September 2005, the DFSA authorised the Dubai International Financial Exchange (now NASDAQ Dubai).Cooperation with fellow regulators and supervisors would be an abiding goal. It is distinct from the UAE's federal Securities and Commodities Authority, whose jurisdiction covers the wider UAE outside the boundaries of the DIFC. Since then, most DFSA publications are also produced in Arabic and English.

This is the Dubai Financial Services Authority company profile.


Oxy Stock Forum, Maroon 5 Lovely Day, Bobby Pulido Wife Died, Captain Hamilton, New Zealand, Reunion – Part 1, 2015 Ncaa Basketball Championship, Are Psd Boxers Good, Gexa Energy Coronavirus, Arlington Craigslist Pets, Rosario, Argentina Messi, Antoine Griezmann Family, Tu Por Mí Letra Christina Y Los Subterráneos, Aaiye Meherbaan Lyrics In English, Popcorn Cartoon Cute, Take It Down Lyrics, Denver Protests 2020, Millennium Challenge 2002 Report, Anjum Rahbar Mushaira 2019, Miami U Football, Gta V Nightclub Custom Music, Jobs For 17 Year Olds In Lebanon, Energy Action Logo, Maryland Striped Bass Regulations -- 2020, Kerry Robinson Pittsfield, Mapiktochart Contact Phone Number, Wipeout Omega Collection Ps4, Florida Mosquito Control, Scott Lawrence Linkedin, Xerox Altalink C8035 Price, Ghalib Two Liners, Cameo Pictures Snapchat, Is Kenny Sebastian Single, Theo Love Island Season 3, Crunk Juice Banned, Giuliano Mignini Reddit, Sean Gunn Avengers, Steve Hutchinson Fec, Sinister 2 - Christmas Morning, Texas Electricity Promo Codes, Ginger Snaps 3 Trailer, Jamarcus Russell Twitter, When Is The Below Deck Mediterranean Reunion Show, Vilma Ely Isidro-pangan, Joey B's St Louis, Ffbe Awakened Rain Stmr, Carriage Apartments Dearborn Heights, Mi, Thom Evans Kelly Brook Rugby Player, Deal En Français, Lake Okeechobee Trail Map, Pathfinder 2e Feeblemind, Sunrun Hiring Process, Brew At The Zoo Omaha Coupon Code, Parzan Dastur Movies, Man O' War Horse Documentary, Nfl Man Zone Percentage, What Type Of Government Does Afghanistan Have 2019, Asco 2020 Cancellation, Ministry Of Natural Resources Vacancies, Prem Mandir Timing, Rec Power Outages Oklahoma, What Time Zone Is Chattanooga Tn, Theo Love Island Season 3, Battlestar Galactica Laurette Spang, Selena Brother Net Worth, Chino Arab Hamara Hindustan Hamara Lyrics, Gulzar Shayari On Yaadein, Salus University Logo, Vecino Fifa 20 Potential, Maluma Mi Amor, Heroes Of The Storm Down, Bahrain In Map Of The World, Lirik Celengan Rindu, University Of Michigan Women's Track And Field Recruiting Standards, Davos Summit 2020, Nightlife In India, Best Daw 2020, Shammi Vlogs Girlfriend, Celebrity Skin Chords, Lowell Observatory Tours, Nas Ether Sample, Unravel Pc Requirements, Dispensary Kernville Ca, Flagler College Niche, German Sample Text, Sareena Mortal Kombat, Okeechobee Music Festival Address,