UAE Capital Market Regulation Law

Article 69 — Article (69) Notification of Sanction or Administrative Measure

The Authority shall notify the violator of the decision issued against them within a period not exceeding ten (10) working days from the date of issuance. The notification shall include the following: 1. Specification of the violative act and the legal provision related to the violation. 2. The sanction or administrative measure imposed upon the violator. 3. The effective date of the decision. 4. The mechanism and period for implementing the sanction. 5. The Authority’s right to impose another sanction or administrative measure in the event of non-performance, breach, or delay in executing any measure, sanction, or decision issued against the violator. 6. The violator’s right to appeal the decision issued against them within the period prescribed by law.

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