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Guidance

Events which may cause a Remote Member to be unable to meet the Remote Member Requirements include significant changes to any relevant laws or regulations in its home jurisdiction, which:

(a) are designed to prevent market abuse or money laundering; or
(b) affect the ability of a Remote Member to provide information to the Regulator.

The Regulator does not require notification from a Remote Member, for the purposes of Rule 8.4.4(b) or (c), where the activities of the Non‐ADGM Financial Services Regulator are part of a routine / regular inspection or audit of affairs of the Remote Member.