Regulation, Risk & Compliance
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DIFC regulator DFSA's penalties of Dh5.5m on KPMG and Dh1.83m an ex-auditor to stay on their Abraaj work
The DIFC regulator Dubai Financial Services Authority has imposed a fine of Dh5.50 million ($1.5 million) on the audit firm KPMG and another of Dh1.83 million on an ex-KPMG auditor, Milind Navalkar, for failures related to their work with Abraaj Capital. The penalty is the highest ever imposed on auditor…
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Click here to read the full story: Gulf News