Regulatory Alerts2022-06-06
Insolvency Regulations (Insolvency Practitioner Fees) Rules 2022
The Board of Directors of the Abu Dhabi Global Market issued the Insolvency Regulations (Insolvency Practitioner Fees) Rules 2022 to establish mandatory fee structures for insolvency practitioners. The rules specify fixed USD charges for registration, annual returns, and register extracts while granting the Registrar discretion to reduce, waive, or refund fees under exceptional circumstances. These provisions come into force immediately upon publication to regulate financial obligations within the jurisdiction's insolvency framework.
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