UAE to merge financial sector regulators

clock
UAE to merge financial sector regulators

The United Arab Emirates (UAE) announced today it is merging the Insurance Authority and the Securities and Commodities Authority (SCA) as part of a wider simplification of the federal government's structure. As part of the regulatory restructuring--long anticipated--the Insurance Authority will be merged with the SCA. The as yet unnamed new body will be overseen by the Ministry for the Economy. Announcing the changes, Sheikh Mohammed bin Rashid Al Maktoum, UAE vice-president and ruler ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.