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ADGM LEGAL FRAMEWORK

  • ABU DHABI GLOBAL MARKET
    • FEDERAL LAW NO (8) OF 2004
    • FEDERAL DECREE NO (15) OF 2013
    • CABINET RESOLUTION NO (4) OF 2013
    • CABINET RESOLUTION NO. 28 OF 2007
    • ABU DHABI LAW NO. (4) OF 2013
    • ABU DHABI LAW NO. (12) OF 2020
    • ADGM LEGAL FRAMEWORK
    • ADGM COURTS PROCEDURES
    • GUIDANCE & POLICY STATEMENTS
      • FSRA
      • RA
        • Office of Data Protection
        • Guidance on Exemptions from the Requirement to Appoint a Company Service Provider
        • Guidance on Client Money
        • Voluntary Liquidation Guidance
        • Beneficial Ownership and Control Guidance
        • Guidance on Applications for Accounts Filing Extensions
        • COVID 19 Implication for Data Protection
        • Data Protection Guidance Note
        • Decision Procedures, Disqualification and Enforcement Manual
          • Chapter 1 – Introduction
          • Chapter 2 – Approach to Enforcement
          • Chapter 3 – Decision Making
          • Chapter 4 – Enforcement
            • Introduction
            • Fines
            • Suspend, Limit or Restrict Licence
          • Chapter 5 – Settlement
          • Chapter 6 – Own-Initiative Action
          • Chapter 7 – Disqualification
          • Chapter 8 – Publicity
          • Disclaimer
    • PUBLIC CONSULTATION PAPERS
    • NOTICES OF PUBLICATION
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  1. ABU DHABI GLOBAL MARKET
  2. GUIDANCE & POLICY STATEMENTS
  3. RA
  4. Decision Procedures, Disqualification and Enforcement Manual
  5. Chapter 4 – Enforcement
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  • Jul 21 2020 - Jul 20 2020
  • Jul 21 2020
‹ Right to refer matters to the Court Introduction ›

Chapter 4 – Enforcement

  • Introduction
  • Fines
    • Purpose of fines
    • Determining the appropriate amount of a fine
    • Seriousness
    • Deliberate or reckless
    • Effect on third parties
    • Whether the person is an individual
    • Financial gain or loss avoided
    • Subsequent conduct
    • Disciplinary record and compliance history
    • Maximum penalty
    • Settlement discount
    • Serious financial hardship
  • Suspend, Limit or Restrict Licence
    • Scope of suspension or restriction
    • Determining the period for a suspension or restriction
    • Suspensions, restrictions and other action
‹ Right to refer matters to the Court Introduction ›
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