DFSA Consults on the Proposed Changes to the Markets Law Regime

Source: Dubai Financial Services Authority

This consultation addresses changes proposed to the ‘Markets Law Regime’. This is two-fold: that the Markets Law 2004 be replaced with the Markets Law 2011, and that the Offer of Securities Rules (OSR) module of the DFSA Rulebook be replaced with a new Market Rules module (MKT). The aim of this is to better align the DFSA’s Markets Law regime with EU requirements. 

Deadline: 18 July 2011