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New law in UAE establishing Financial Audit Authority
Excerptfrom slc.dubai.gov.ae
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (4) of 2018 regarding the establishment of the Financial Audit Authority (FAA); and Decree No. (14) appointing Deputy Ruler of Dubai His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum as President of the Authority. Sheikh Mohammed also issued Decree No. (15) appointing HE Abdullah Mohammad Saeed Ghobash as Director General of the Authority. The Law and the two Decrees are effective from their date of issuance and will be published in the official gazette.
Read the full press release here.
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