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Regulation, Risk & Compliance
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UAE mulls creation of single financial services regulator to replace IA and SCA
The government of the United Arab Emirates is examining the possibility of a merger between the country’s Insurance Authority and the Emirates Securities and Commodities Authority. Financial services expert Tom Bicknell of Pinsent Masons, the law firm behind Out-Law, said the move would be significant if completed. “Multiple regulators often…
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