UAE Cracks Down On Structured Retail Product Sales

05 Aug 2009

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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