ADGM Financial Services Regulatory Authority fines 6 financial institutions for breaching common reporting standard regulations

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has imposed penalties on six financial institutions totalling AED 170,000 for contraventions of the Common Reporting Standard Regulations 2017 (the Regulations).The Common Reporting Standard (CRS) governs the colle