UAE Capital Market Regulation Law

Article 70 — Article (70) Authority to Exempt from Administrative Measures or Sanctions

The Authority shall have the authority to exempt any Person or Entity from all or part of the administrative measures or sanctions if such Person or Entity discloses to the Authority their commission of a violative act under this Decree by Law and the Relevant Legislation, and expresses willingness to remove or rectify the violation, provided that such disclosure occurs prior to the Authority’s or judicial authorities’ knowledge thereof.

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