Regulatory Alerts2019-01-01
Consultation Paper No. 3 of 2019 - Proposed revision of FEES Rules
The Financial Services Regulatory Authority of Abu Dhabi Global Market proposes revisions to fee structures for Domestic Funds, Foreign Fund Managers, Remote Bodies, and Remote Members to better reflect supervisory workloads. Key changes include introducing annual fees for Exempt Funds, shifting collection timing to the calendar year, and establishing new notification fees for Foreign Fund Managers and application fees for Remote Bodies. The regulator invites public comments on these proposals by 22 October 2019 before finalizing the amendments.
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