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Saudi Arabia Approves New Corporate Governance Regulations

Saudi Arabia - March 22 2017 The Capital Market Authority (the CMA) of the Kingdom of Saudi Arabia (the Kingdom) has approved new corporate governance regulations for joint stock…

Chris P. Sioufi, Husam El-Khatib

UAE and Saudi Arabia Overhaul Fund Distribution Rules

Saudi Arabia, United Arab Emirates - December 15 2016 Financial services regulators in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) have recently made - independently of each…

Husam El-Khatib

DIFC Intermediate SPV Regime: a Welcome Business-Friendly Evolution

United Arab Emirates - October 14 2016 The introduction of a new regime for the establishment of so called 'intermediate special purpose vehicles' ("Intermediate SPVs") in the DIFC was…

Chris P. Sioufi, Rodolphe R.A. Pellerin

Incentive-based compensation: Dodd-Frank and the example of Europe

European Union, USA - June 24 2015 After a four-year hiatus, some of the more controversial elements of the executive compensation rules mandated by the U.S. Dodd-Frank Act are back on…

DIFC Lowers Cost of Entry for Fund Managers

United Arab Emirates - June 10 2015 The Dubai International Financial Centre (DIFC) is one of the leading financial hubs in the Middle East. Its funds regime - administered and regulated…