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2007
22 August 2007 — DFSA Issues 'Show Cause' Notice to Forsyth Partners Global Distributors Limited
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Aug 22 2007 onwards

22 August 2007 — DFSA Issues 'Show Cause' Notice to Forsyth Partners Global Distributors Limited



Dubai, U.A.E., August 22, 2007: Following concerns arising out of the DFSA's supervisory activities, the DFSA has directed Forsyth Partners Global Distributors Limited (the firm) to cease the carrying on of any financial service or other activity that would prejudice the clients or creditors of the firm, until further notice. The firm has been given until Sunday 26th August to show cause why the firm's license to provide financial services in the Dubai International Financial Centre should not be withdrawn. If the firm cannot demonstrate by that date that it meets the DFSA's regulatory requirements, including the adequacy of its capital, it is the DFSA's intention to withdraw the firm's license.