2022-05-24

Commercial Licensing Regulations (Amendment No.1) 2022

The Board of Directors of the Abu Dhabi Global Market enacted regulations to amend the Commercial Licensing Regulations 2015. The amendments introduce a new section 10A governing licence renewal procedures, including application timelines, late fees, and termination obligations for non-renewing licensees. Additionally, the regulations update penalty structures for regulatory contraventions and correct various textual references within the existing framework.

United Arab Emirates

Financial Services Regulatory Authority

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