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DFSA fines former CFO of listed REIT for being knowingly concerned in misleading statements and accounting breaches

Published: October 12, 2023

The Dubai Financial Services Authority (DFSA) has today published a Decision Notice imposing a penalty of USD 33,220 (AED 122,000) on Mr Remi Ishak.Mr Ishak was the Chief Financial Officer (CFO) of Equitativa (Dubai) Limited (Equitativa) and Emirates REIT

Source: emirates247.com

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United Arab EmiratesRemi IshakIan JohnstonDubai Financial Services AuthorityInternational Financial Reporting StandardsPublic FundEquitativa Dubai LimitedDubai Listed FundDecision NoticeChief Financial OfficerListed FundAuthorised IndividualLicensed FunctionsFinance OfficerSenior ManagerAuthorised IndividualsChief ExecutivePublic FundsListed Funds