• MIR 8.5.2 MIR 8.5.2

    If the Regulator decides to revoke a Remote Member’s Recognition Order, it will follow the requirements set out in Rules 6.9.3 and 6.9.6, mutatis mutandis.

    • Guidance

      The Regulator may revoke a Remote Member's Recognition Order in circumstances where such Person continues to the meet the Remote Member Recognition Requirements. This may include where the Regulator considers it necessary or desirable in order to prevent damage to the reputation of the ADGM or to the ADGM Financial System.