Dr. Al Mulla informed that although securities markets today are increasingly international in nature and accordingly require cooperation at an international level, no securities markets are more important to the DIFC than those in the UAE.
It is for this reason that the DFSA sees this MOU with ESCA as one of the most significant milestones in advancing their common goal of making the DIFC and UAE securities markets the most dynamic and best regulated markets in the Middle East.
H.E Abdulla Al Turifi confirmed that the signing of the MOU comes at a time when financial markets and regulatory entities are facing many challenges. The MOU will greatly support the regulatory legislations of the financial markets in accordance to the highest standards prescribed by IOSCO and global financial markets
The Dubai Financial Services Authority (DFSA) is the integrated regulator of all financial and ancillary services undertaken in or from the Dubai International Financial Centre (DIFC), a purpose-built financial free zone situated in Dubai, one of the United Arab Emirates.
Dubai Financial Services Authority
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