25.04.2013 - Regulation key to new Abu Dhabi free zone
The newly established Abu Dhabi World Financial Market will need a regulator and lawyers are now asking what form that is likely to take.On Wednesday, The National reported that the UAE had signed into law the creation of a financial free zone for Abu Dhabi on Al Maryah Island. "This carves a free zone out of a whole host of federal regulations," said Kai Schneider, a partner at the law firm Latham & Watkins. "As a result you would need an alternative regulator to be in place."..............................................Full Article: Source
Print