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GC Asia
UAE Cracks Down On Structured Retail Product Sales
The Central Bank of the United Arab Emirates has imposed new rules on banks operating in the UAE regarding the sale of structured products to retail customers.
The Central Bank of the United Arab Emirates has imposed new rules on banks operating in the UAE regarding the sale of structured products to retail customers. Saying the sale of such instruments was “not desirable” the central bank stated in a letter to banks Aug. 2, that
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