Dubai International Financial Centre has now enacted the ‘DIFC Family Arrangements Regulations' following a 30-day public consultation period and the recent launch of the DIFC Family Wealth Centre. The new regulations will provide a regulatory framework and hub for global and regional family-owned businesses, ultra-high net worth individuals and private wealth. The key aspects of the Family Arrangement Regulations are set out as follows: To make comprehensive provision for the engagement of family businesses with DIFC, taking into account the announced initiatives of the UAE Fede...
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