The Dubai Financial Services Authority (DFSA) has introduced two new markets laws in a move to bring its markets regime into closer alignment with European requirements while retaining features needed to accommodate its regional needs.
The Markets Law 2012 and the Regulatory Law Amendment Law 2012, which are both administered by the DFSA, were enacted by Sheikh Mohammed Bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai last week, the DFSA said in a statement.
Copyright 2012 Al Hilal Publishing & Marketing Group Source: http://www.albawaba.com/business/dubai-uae-new-market-laws-430540
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