Page 118 - SLC PR REPORT - DECEMBER 2024

12/25/24, 1:32 PM Hamdan Bin Mohammed Forms Interim Steering Committee To Oversee Transfer Of Commercial Control Operations In Dubai - Ur…
jurisdictions, including regulating the exchange of information and data among

them.

- Consulting with whomever it deems appropriate with relevant expertise to assist

in performing its duties.

- 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 and operations, monitoring progress, and issuing necessary directives

regarding obstacles and difficulties that may hinder the implementation of the plan

at all stages.

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

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