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Senior appointment at Dubai Financial Services Authority (DFSA)
- United Arab Emirates: Monday, January 15 - 2007 at 15:21
- PRESS RELEASE
The DFSA has announced the appointment of Mr. Norman Miller as Managing Director, Enforcement.
David Knott, DFSA Chief Executive, stated: "Mr. Miller is a highly experienced law enforcement officer who is well respected by regulators of international securities markets. We are fortunate to have attracted a person of his standing and reputation to the DFSA.
"DFSA is committed to enforcing compliance by financial services firms with the laws and regulations of the DIFC. Mr. Miller's recruitment adds strength to an already impressive enforcement team that has been active in upholding the high reputation of the Centre."
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Notes and media contacts
For further information, please contact:John Gilchrist
Director, Communications and Strategic Planning
Dubai Financial Services Authority
Level 13, The Gate
Tel: +971 (0) 4 362 1660
Fax: +971 (0)4 362 0801
Stephen Worsley / Eyad Mohammed
Polaris Public Relations
Dubai, UAE.
Tel: + 9714 - 3415555
Fax:+ 9714 - 3415588
The Dubai Financial Services Authority (DFSA) is an independent, integrated regulatory authority responsible for the regulation of all financial and ancillary services conducted in or from the Dubai International Financial Centre (DIFC), including asset management, banking, securities trading, Islamic finance, re-insurance, and an international financial exchange. The DFSA has been created using principle-based primary legislation modelled closely on that used in London and New York, and the DFSA regulatory regime operates to standards that meet or exceed those applying in the world's major financial centres.
The Dubai Financial Services Authority (DFSA) is a central component of the DIFC, a new financial centre established to position Dubai as a recognised hub for institutional finance, and the regional gateway for capital and investment to the Middle East.
Mr. David Knott was appointed Chief Executive of the DFSA on June 1, 2005. He is a former Chairman of the Australian Securities and Investment Commission and was Chairman of the Technical Committee of the International Organisation of Securities Commissions (IOSCO).
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