| The new set of fund regulations approved in August 2012 by the UAE Securities and Commodities Authority (SCA) is expected to dramatically change the country's investment landscape.
The decision has been regarded as a step in the right direction for all types of funds as the new rules not only address issues of foreign ownership, liquidity and risk management, but also prescribe guidelines on reporting for both conventional and Shariah-compliant funds...............................................Full Article: Source
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