Support in the development and delivery of the RA economic substance monitoring strategy and framework.
Manage the structured and consistent execution of the economic substance monitoring framework, including to identify, assess, report on and respond to ADGM firms subject to the UAE s Economic Substance Regulations.
Implement a risk based approach to monitoring economic substance requirements.
Carry out monitoring activities, including outreach, education, desk based reviews and on-site asessments.
Collect, collate, review, assess and log annual notifications and economic substance returns from ADGM firms.
Set, track and follow up on reminders to firms related to filings, correcting non-compliance, fines and other M&E operations.
Deliver appropriate and timely monitoring assessments and recommendations to the Section Head, Monitoring.
Work closely with the RA Enforcement Section on matters that may require regulatory action concerning economic substance non-compliance.
Work closely with the Financial Services Regulatory Authority concerning financial services firms subject to economic substance requirements.
Assist in managing relationships with external stakeholders, including other regulatory authorities and any other relevant stakeholders;
Continuously review and where appropriate, improve the internal processes and procedures of M&E.
Support the design and delivery of new and on-going M&E projects.
Information Security related
Understand, adopt, adhere and practice responsibilities or controls as per ADGM Information Security policy and as per best practices explained in the induction and awareness sessions.
Confidentiality, Integrity and availability of the ADGM Information shall be maintained at all times i.e. within as well as outside ADGM.