DFSA fines Moody's Middle East unit $585,825 for data confidentiality breaches
DUBAI, 28th October, 2026 (WAM) -- The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), has imposed a financial penalty of USD 585,825 (AED 2,149,977) on Moody's Investors Service Middle East Limited (MISMEL) for data confidentiality breaches.MISMEL has been licensed as a Credit Rating Agency by the DFSA since 31 December 2012. As such, it handles a large volume of data, including highly sensitive and confidential information relating to its customers, including public and private companies, governments, and other counterparties.The DFSA found that MISMEL contravened DFSA Rules applicable to... [Continue Reading]
Breaking-360LiveNews | 28 Oct 2026 13:00 LONDON
More from 360LiveNews Opinion
