VOL. XLVI
No 23
9-June-2003
UAE
REGIONAL BANKING
DIFC Publishes Draft Regulatory Law
The Dubai International Financial Center (DIFC) on 28 May published its Regulatory Law, which lays down the legal framework under which financial operations will be carried out. The law, published for consultation by the DIFC's Regulatory Authority, creates a framework built on the best practice of leading jurisdictions in Europe, North America and the Far East, DIFC said in a statement. The law has been drafted in...
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