The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published a consultation paper proposing a merger of its two independent administrative bodies, the Regulatory Committee and the Appeals Panel, into one amalgamated body.
The FSRA said it considered that ADGM stakeholders will be "better served by having a more streamlined and efficient process for the timely resolution of regulatory proceedings with one independent body conducting a full merits review of FSRA decisions".
To view the consultation, click here...