UAE and Saudi Arabia Overhaul Fund Distribution Rules

December 15, 2016

Financial services regulators in the United Arab Emirates and the Kingdom of Saudi Arabia have recently made – independently of each other – extensive changes to the rules governing the regulation and distribution of investment funds in their respective jurisdictions. Some of the changes facilitate market access, while others restrict it further. This article provides a broad overview of the impact of these new regimes on the marketing and placement of foreign funds.

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