This is the first in a series of articles considering legal issues relating to bitcoin, cryptocurrencies and blockchain in the UAE. In this article we
Since the 2008 financial crisis, the US Federal Reserve and other central banks in Europe have pumped trillions of dollars into the financial markets
On 12 September 2012 the European Commission adopted legislative proposals, including a draft EU Regulation (the Banking Union Regulation), to establish a single supervisory mechanism for banks (SSM) which is to be led by the European Central Bank (ECB).
Eighteen months after the first draft was issued for public comment, the final text of the UAE’s long-awaited new Investment Funds Regulation (the Regulation) has now been approved by the Board of the UAE Securities and Commodities Authority (the SCA).
The Emirates Securities and Commodities Authority (ESCA) published drafts of two new proposed investment funds regulations in January 2011 a decision on the regulation of investment funds (the Investment Funds Regulation) and a decision on regulating investment management activity (the Investment Management Regulation).