The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has become the member of the International Forum of Independent Audit Regulators’ (IFIAR) Enforcement Working Group (EWG).
It is the first Middle Eastern member, following its 2024 admission as IFIAR’s 56th full member.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
As the competent authority for audit oversight within ADGM, the RA is responsible for regulatory actions against audit firms and principals when necessary.
By joining the EWG, the RA aligns with global audit regulators, including the UK’s Financial Reporting Council (FRC), the US Public Company Accounting Oversight Board (PCAOB), and Japan’s Financial Services Authority (FSA)/Certified Public Accountants and Auditing Oversight Board (CPAAOB).
Established in 2013, the IFIAR EWG focuses on enhancing coordination in enforcement activities, including investigations, to strengthen stakeholder protection and improve audit quality.
The RA’s regulatory priorities for 2024-2025 emphasise promoting audit quality and enforcing timely, proportionate actions to maintain the integrity of ADGM’s financial ecosystem.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAs an EWG member, the RA will contribute to global efforts to refine enforcement practices, address emerging issues, and enhance bilateral cooperation across jurisdictions.
ADGM’s RA CEO Hamad Sayah Al Mazrouei said: “The RA is committed to seamless regulatory information sharing, improving the flow of information between authorities, and strengthening its relationship with regulators across the world.
“Joining a world-class working group such as the IFIAR EWG provides a forum to promote information and knowledge sharing for more timely, effective and impactful enforcement actions.”
