In an effort to streamline and unify commercial control operations in the emirate of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has issued an executive council resolution to form the Steering Committee for Overseeing the Transfer of Commercial Control Operations. Chaired by the Secretary-General of the Supreme Legislation Committee, the committee is tasked with coordinating and regulating the transfer of commercial control tasks from regulatory bodies to the Dubai Corporation for Consumer Protection and Fair Trade. The committee will also work towards unifying and simplifying commercial control procedures, ensuring cooperation and exchange of information between all relevant government and regulatory bodies.
Dubai Unifies Commercial Control Operations Under Single Entity
In a significant move towards streamlining and unifying commercial control operations in Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has issued an Executive Council Resolution to establish a Steering Committee for Overseeing the Transfer of Commercial Control Operations.
Background
Previously, commercial control functions were dispersed across various regulatory bodies in Dubai. This fragmented approach resulted in inefficiencies, inconsistencies, and potential duplications. The new Steering Committee will centralize and streamline these operations, enhancing the overall regulatory environment for businesses and consumers.
Steering Committee Structure and Mandate
The Steering Committee will be chaired by the Secretary-General of the Supreme Legislation Committee. Its members include representatives from relevant government and regulatory bodies, including the Dubai Economy and Tourism, Dubai Municipality, Dubai Police, and the Dubai Chamber of Commerce and Industry.
The committee's primary mandate is to coordinate and regulate the transfer of commercial control operations from regulatory bodies to the Dubai Corporation for Consumer Protection and Fair Trade (CCFT). The CCFT, established in 2023, is a dedicated entity responsible for protecting consumers and regulating fair trade practices in the emirate.
Benefits of Unification
The centralization of commercial control operations under the CCFT is expected to bring several benefits, including:
Top 5 FAQs
1. What is the purpose of the Steering Committee? To coordinate the transfer of commercial control operations to the CCFT and unify procedures across government entities.
2. Which entities will be affected by the transfer? Regulatory bodies responsible for commercial control, such as Dubai Economy and Tourism and Dubai Municipality.
3. When will the transfer be completed? The timeline for the transfer is yet to be announced.
4. What changes can businesses expect? Businesses may notice a simplification and streamlining of commercial control processes and procedures.
5. How will the CCFT benefit consumers? The CCFT will strengthen consumer protection measures, ensuring fair trade practices and safeguarding consumer rights.
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