– Committee specialises in approving the timeline and phases of transferring business management duties and operations from regulatory our bodies to the Dubai Company for Shopper Safety and Truthful Commerce
In his capability as Chairman of the Government Council of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, has issued Government Council Decision No. (99) of 2024, forming the Steering Committee for Overseeing the Switch of Industrial Management Operations within the Emirate of Dubai.
The decision stipulates the formation of an interim committee known as the ‘Steering Committee for Overseeing the Switch of Industrial Management Operations within the Emirate of Dubai’, chaired by the Secretary-Normal of the Supreme Laws Committee. Members embrace: a consultant from the Division of Finance, a consultant from the Dubai Authorities Human Sources Division, the CEO of Dubai Company for Shopper Safety and Truthful Commerce, the CEO of the Regulatory Insurance policies and Governance Sector and the CEO of the Laws and Disputes Sector on the Division of Financial system and Tourism in Dubai, and a consultant from the federal government entity authorised beneath present laws to hold out business management actions in Dubai.
Committee’s obligations
In accordance with the decision, the Steering Committee’s powers and obligations embrace:
• Approving the timeline and phases for transferring business management duties and operations from regulatory our bodies to the Dubai Company for Shopper Safety and Truthful Commerce.
• Unifying and organising business management operations in native markets by figuring out and classifying all kinds and types of business management carried out by regulatory our bodies and the Authority.
• Reviewing business inspection and management procedures, proposing amendments, unification, and simplification, and submitting these proposals to The Government Council of Dubai.
The Steering Committee can be answerable for:
• Establishing controls and mechanisms for coordination between regulatory our bodies and the Dubai Company for Shopper Safety and Truthful Commerce relating to the implementation of inspection procedures inside their respective jurisdictions, together with regulating the alternate of knowledge and knowledge amongst them.
• Consulting with whomever it deems acceptable with related experience to help in performing its duties.
• Making certain the mixing of roles, coordination of efforts, alternate of knowledge, and cooperation between authorities and regulatory our bodies in all issues that allow the Steering Committee to hold out the duties entrusted to it beneath the provisions of this decision.
The Steering Committee can be answerable for:
• Making essential selections relating to any points or disputes that will come up between the Authority and regulatory our bodies within the occasion that acceptable consensual options should not reached between the involved events, referring such issues or disputes to The Government Council of Dubai when essential.
• Following up on the implementation of the plan to switch business management duties and operations, monitoring progress, and issuing essential directives relating to obstacles and difficulties that will hinder the implementation of the plan in any respect phases.
Cooperation with the Committee
The decision mandates all authorities entities within the emirate, together with regulatory our bodies and supervisory authorities in particular growth zones and free zones, together with the Dubai Worldwide Monetary Centre, to totally cooperate with the Steering Committee, its subcommittees, and its work groups. They need to present knowledge, data, statistics, paperwork, and research requested by the Steering Committee throughout the specified timeframe, which the Steering Committee deems essential to allow it to carry out the duties entrusted to it beneath the provisions of this decision, subsequent resolutions, and relevant laws within the Emirate.
The Chairman of the Steering Committee for Overseeing the Switch of Industrial Management Operations within the Emirate of Dubai shall situation the required selections, directions, and directives to implement the provisions of this decision. The decision might be efficient from the date of its publication within the Official Gazette.
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