Regulatory Alerts2022-01-01
Consultation Paper No. 2 of 2022 - Proposals for Revised Fees for Late Regulatory Filings
The Financial Services Regulatory Authority of Abu Dhabi Global Market proposes amendments to the FEES Rules to impose fees for late regulatory filings by regulated entities. The regulator recommends a tiered structure charging $100 per business day for overdue submissions to encourage timely reporting essential for effective supervision. Regulated firms are invited to submit comments on these proposals by 18 April 2022 before final rules are enacted.
Share