VOL. XLIII

No. 45

6-November-2000

UAE

New Regulations Put An End To OTC Market In UAE Says Trowers And Hamlins...

According to the latest Middle East Business Law Review report released by the UK law firm Trowers & Hamlins in October, new UAE regulations are likely to put an end to the countrys unofficial over-the-counter (OTC) share trading. Following the issuance of a federal law establishing the Emirates Securities and Commodities Market Authority (SCA) at the beginning of this year, the...