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The UAE Introduces the First SPAC Framework in the GCC

The SPAC Framework, which became effective on 4 January 2022, allows for the formation and listing of SPACs in the UAE for the first time. Special purpose acquisition companies (SPACs) have emerged as an important means...more

PRIIPs and Corporate Bonds - Clarity at Last?

ESAs issue important guidance in relation to the application of the PRIIPs Regulation to corporate bonds. Key Points: ..The ESAs have issued their final view on whether certain features within bonds are conclusive as to...more

UAE’s SCA to Regulate ICO Tokens as Securities

The SCA’s decision marks a significant step towards achieving enhanced regulation of digital securities and commodities in the UAE. Key Points: ..The announcement signals a change in the SCA’s position following its...more

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