Dubai regulations endorse the spirit of Mifid


Dubai regulator the Financial Services Authority (DFSA) has issued regulations which have brought the conduct-of-business regime closer to the European model and the Markets in Financial Instruments Directive (Mifid).

The rules, which will come into force in July, will subject the selling of any form of structured product or other financial instrument to more onerous requirements of suitability expected of a retail audience.

"The DFSA has decided to expand the scope of its client classification to

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