The Regulatory Appeals Committee (RAC) functions as an “internal” appeal mechanism for DFSA Executive’s regulatory decisions to ensure procedural fairness, objectivity and transparency. The law empowers the RAC to conduct a full merits review of Executive decisions under appeal. Decisions of the RAC may be reviewed by the DIFC Court by way of judicial review on a point of law.
More information regarding the RAC may be found under “Doing Business with DFSA” on the DFSA website, please click here.
RAC Members
• Robert Owen (Chairman)
• Michael Blair QC
• Robert L Clarke
• Georg Wittich
• Abdul Wahid Al Ulama
• R Douglas Dowie (External Committee Member)
• William F Kroener, III (External Committee Member)
• Ermanno Pascutto (External Committee Member)
• Nada Khneisser Zarka (External Committee Member)
• Jayshree Gupta (External Committee Member)