VOL. XLVI

No 42

20-October-2003

CAPITAL MARKETS

DFSA Distills Best International Practices To Formulate DIFC Laws And Regulations

The opportunity to put together financial rules and regulations cherry picked from best international practices for an essentially self-governing entity would be a regulators dream, especially in the wake of recent accounting scandals which brought down Enron and Worldcom. Yet this possibility is being enjoyed by the regulators at the Dubai Financial Services Authority...