Rule · FSRA · 24 May 2022

Commercial Licensing Regulations 2015 (Fines) Rules 2022

The Board of Directors of the Abu Dhabi Global Market issued the Commercial Licensing Regulations 2015 (Fines) Rules 2022 to establish a standardized scale of monetary penalties for regulatory breaches. The rules prescribe eight specific fine levels ranging from 1,000 to 50,000 US dollars, mandating that statutory references to maximum fines correspond to these fixed amounts unless a lesser sum is justified. This instrument simultaneously repeals the previous Commercial Licensing Regulations 2015 (Fines) Rules 2015 and 2020 to consolidate the penalty framework.

United Arab EmiratesFinancial Services Regulatory Authority
Annotations and obligations
12 definitions · 1 reporting item
  • Definition / condition 12
  • Reporting template 1
  • background, boilerplate

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Commercial Licensing Regulations2015Not in RegAlertCommercial Licensing Regulations 2015 — Not in RegAlertRegulation of 2020Not in RegAlertRegulation of 2020 — Not in RegAlertCommercial LicensingRegulations 2015 (Fines) Rule…2022-05-24 · this documentCommercial Licensing Regulations 2015 (Fines) Rules 2022 (2022-05-24)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (2)
Supersedes
  • Regulation of 2020Not in RegAlert

    “The Commercial Licensing Regulations 2015 (Fines) Rules 2015 2020 are repealed.”

Issued under
  • Commercial Licensing Regulations 2015Not in RegAlert

    “in implementation of section 80 of the Commercial Licensing Regulations 2015”

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