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    • Chairman Message
    • Organizational Structure
  • Awareness
    • Suggestions
    • Publications
    • National Project
    • Events
    • List Of Licensed Companies
    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
    • Persons Restricted from Practicing Securities Activities or Registered Positions and Employment Positions
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    • Facilitating the opening of investment accounts Initiative
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    • CMA Gallery
    • Media Appearances
    • Press Releases
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    • Securities-based Crowdfunding
    • Digital Financial Advisory
    • Initial Implementation Phase
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Executive Bylaws - CMA

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Executive Bylaws

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12-3-12 Seeking Assistance of Experts Of Module Three: Enforcement of the Law
Section: Chapter Twelve: Settling Disputes with Arbitration and Arbitration Rules
  • Thursday, 02 February 2017

    The Arbitral Tribunal may seek the assistance of one or more experts, where the number of the experts shall not be an even number, in order to provide a written or verbal report to be documented in the hearing’s minutes regarding one or two matters set by the Arbitral Tribunal. The Arbitral Tribunal shall notify each of the disputing parties with its decision regarding the assistance of experts and defining the task assigned to the experts. Both disputing parties shall provide the expert with all information related to the dispute. Each of them shall enable such expert to examine or inspect all documents, goods, financial records or other items related to the dispute. The Arbitral Tribunal shall decide on any dispute that may arise between an expert and any of the original disputing parties in that regard. Before commencing his appointment each expert shall submit to the Authority a disclosure of any reasons or information that may lead to doubts concerning his neutrality or independence. Arbitration parties may object to the choice of an expert, within two Business Days from the date of notification of the above disclosure. The Arbitral Tribunal shall decide on that objection and its reasons.

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