Regulatory Alerts2022-01-01
Consultation Paper No. 4 of 2022 - Proposal to Enhance the Framework Regulating Insolvency Practitioners
The Registration Authority of the Abu Dhabi Global Market proposes new rules to align its insolvency practitioner framework with international best practices. The proposal mandates individual registration, requires security bonds and professional indemnity insurance, and introduces enforcement powers for non-compliance. Stakeholders are invited to submit comments on these regulatory enhancements by 23 June 2022.
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