Regulation, Risk & Compliance
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DIFC rolls out ‘crucial’ insolvency law in cross-border move
The Dubai International Financial Centre has enacted a new insolvency law which it said meets international best practice guidelines. The new Insolvency Law and Regulations, which became effective on 13 June 2019, creates a new debtor in possession bankruptcy regime which it said will place the DIFC “at the forefront…
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