Page 112 - SLC PR REPORT - DECEMBER 2024
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- Ensuring the integration of roles, coordination of efforts, exchange of information,
and cooperation between government and regulatory bodies in all matters that enable
the Steering Committee to carry out the tasks entrusted to it under the provisions of
this resolution.
The Steering Committee is also responsible for:
- Making necessary decisions regarding any issues or disputes that may arise
between the Authority and regulatory bodies in the event that appropriate consensual
solutions are not reached between the concerned parties, referring such matters or
disputes to The Executive Council of Dubai when necessary.
- Following up on the implementation of the plan to transfer commercial control tasks
The resolution mandates all government entities in the emirate, including regulatory
bodies and supervisory authorities in special development zones and free zones,
including the Dubai International Financial Centre, to fully cooperate with the Steering
Committee, its subcommittees, and its work teams. They must provide data,
information, statistics, documents, and studies requested by the Steering Committee
within the specified timeframe, which the Steering Committee deems necessary to
enable it to perform the tasks entrusted to it under the provisions of this resolution,
subsequent resolutions, and applicable legislation in the emirate.
The Chairman of the Steering Committee for Overseeing the Transfer of Commercial
Control Operations in the emirate of Dubai shall issue the necessary decisions,
instructions, and directives to implement the provisions of this resolution.
The resolution will be effective from the date of its publication in the Official Gazette.