The Securities and Commodities Authority of the United Arab Emirates (“SCA”) has announced that the grace period granted to foreign funds registered with SCA for a public offering has now been extended to 31 March 2024,...more
The Securities and Commodities Authority of the United Arab Emirates (“SCA”) has confirmed in writing that Cayman funds can now be registered with SCA for private offering in the UAE. In February, SCA stopped allowing the...more
The Securities and Commodity Authority of the United Arab Emirates (“SCA”) issued new regulations regarding the promotion of foreign funds in the UAE and the establishment of UAE-domiciled funds. In particular, a public...more