FSRA proposes merging its Regulatory Committee with its Appeals Panel

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper proposing a merger of its two independent administrative bodies, the Regulatory Committee and the Appeals Panel, into one amalgamated body.

The FSRA considers that ADGM stakeholders will be better served by having a more streamlined and efficient process for the timely resolution of regulatory proceedings with one independent body conducting a full merits review of FSRA decisions.

For more information on the proposed updates, please visit the dedicated webpage: Consultation Paper No. 4 of 2021 — Proposed merger of FSRA Regulatory Committee and Appeals Panel