The Financial Markets Tribunal (FMT) serves as an independent financial services disciplinary tribunal to determine breaches of DFSA administered legislation and related regulatory proceedings. It is broadly empowered with a remit and powers comparable to other international integrated financial services regulatory tribunals.
The FMT is operationally independent of the DFSA Board and Executive. Decisions on originating proceedings before the FMT may be appealed to the DIFC Court. Decisions of the FMT on appeals of Exchange decisions may be appealed to the DIFC Court on a point of law.
To access the Rules of Procedure of the FMT, please click here.
• Stewart Boyd CBE QC (President)
• John L Douglas
• Gavan Griffith QC
• Ali Malek QC
• David M Stockwell
FMT - Notice of Hearing
• FMT No. 11001 Dubai Financial Services Authority v Ernst & Young
• FMT No. 11002 Dubai Financial Services Authority v Arqaam Capital Limited.
The FMT gives notice that the hearing of the above proceedings will commence at 10am on Monday 17 September 2012 at the DIFC Conference Centre, Gate Building 4 - B1 Level, DIFC, before a Hearing Panel consisting of Stewart Boyd CBE QC (Chairman), Ali Malek QC and David Stockwell.
To view Consent Order - 17 September 2012 click here
To view Decision on Application for Directions - 11 January 2012 re-signed 28 July 2012 click here