Legislative Committee
The primary function of the Legislative Committee is to assist the Board in discharging its policy-making and legislative functions, including the development of legislation related to the regulation of financial services and related ancillary activities conducted through the DIFC.
Legislative Committee members are:
• Michael Blair QC (Chairman)
• Robert L Clarke
• Robert Owen
• Georg Wittich
• Abdul Wahid Al Ulama
• Ermanno Pascutto (External Committee Member)
• Paul M Koster
• Ian Johnston
• Errol Hoopmann
Audit and Risk Committee
The primary function of the Audit and Risk Committee is to assist the Board in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control over financial reporting, the audit process and the processes for identifying, evaluating and managing the DFSA’s principal risks impacting financial reporting. Neither the Chairman nor Chief Executive can be members of the Audit and Risk Committee but may attend by invitation.
Audit and Risk Committee members are:
• The Earl of Home (Chairman)
• The Hon Apurv Bagri
• Saeb Eigner
• J Andrew Spindler
• Georg Wittich
• Fadel Al Ali
• R Douglas Dowie (External Committee Member)
Governance and Nominations Committee
The primary function of the Governance and Nominations Committee is to assist the Board in fulfilling its supervisory responsibilities in respect of the operations of the Board and its management, to identify individuals qualified to become Board Members, to develop a succession programme and to develop and recommend to the Board a set of corporate governance principles.
Governance and Nominations Committee members are:
• Saeb Eigner (Chairman)
• The Hon Apurv Bagri
• Lord Currie of Marylebone
• The Earl of Home
• J Andrew Spindler
• Paul M Koster
Remuneration Committee
The primary function of the Remuneration Committee is to assist the Board in fulfilling its responsibilities relating to all aspects of Human Resources at the DFSA, including performance and compensation.
Remuneration Committee members are:
• J Andrew Spindler (Chairman)
• The Hon Apurv Bagri
• Lord Currie of Marylebone
• Saeb Eigner
• Robert Owen
• Fadel Al Ali
• Paul M Koster