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Abu Dhabi Global Market establishes ADGM Authority Filed on April 12, 2021 Mark Nicholas Cutis. — Supplied photo The newly constituted authority will be led by Mark Nicholas Cutis as its Chief Executive Officer, who will assume his position on June 1, 2021. The Board of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has approved the establishment of the ‘ADGM Authority’. This newly constituted Authority will be led by Mark Nicholas Cutis as its Chief Executive Officer, who will assume his position on June 1, 2021. The new Authority will play a ...

New ADGM regulations for third-party tech services Filed on April 1, 2021 The TPPs will be able to work alongside financial institutions in a secure and efficient manner that facilitates customer transactions. The new framework will allow and support the improved and holistic management of personal finances by focusing the new regulated activity for third party providers. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a new regulatory framework for the authorisation and supervision of financial technology firms providing third-party...

(MENAFN - Khaleej Times) The Office of Data Protection (ODP) of Abu Dhabi Global Market (ADGM), an international financial centre in the Mena region, has become the first data protection regulator in the Gulf region to join the Global Privacy Assembly's International Enforcement Cooperation Working Group (IECWG). The IECWG is a permanent working group of the Global Privacy Assembly. Its purpose is to facilitate and support enforcement cooperation on live cases impacting multiple jurisdictions. The IECWG is co-chaired by the Canadian Office of the Privacy Commissioner (OPC), the United Kingdo...

Ignition switches that have now been linked to more than 100 deaths. questions remaining whether individual gm employees are going to face charges. they're already going after the company but still trying to decide if individuals put out misleading data. what do you see happening there? >> yeah. first of all, it is a big deal right now. federal prosecutors are considering a charge of up to over $1 billion in fines and penalties to general motors. really for the first time in history they want to go after some individual engineers that allegedly were misleading the public. they weren't reportin...