Browse
related articles
Former GFS official fined $70,000
- United Arab Emirates: Wednesday, January 07 - 2009 at 08:07
The Dubai Financial Services Authority released a statement yesterday saying it has fined former GFS Investments Compliance Reporting Officer Roberto Da Silva $70,000 for 'failing to carry out his duties as a compliance officer adequately'. The statement said DFSA investigated Da Silva's conduct between May 17, 2007, the date that GFS was licensed, to October 31, 2007, the date of his resignation from GFS. The GFS investigation had resulted the firm's operations being suspended in September and some employees banned from operating in the Dubai International Financial Centre for five years. The statement said Da Silva acknowledged the regulator's concerns about his conduct as an authorised individual of GFS.
Related Content
Article Options
Jeff Florian, Senior ReporterWednesday, January 07 - 2009 at 08:07 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
