A series of amendments to laws relating to the Dubai International Financial Centre (DIFC) were announced yesterday.
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued Law No 7 of 2011 which includes amendments to a number of articles in Law No 9 of 2004 (Original Law) that established the DIFC.
The amendments provide greater legal clarity and transparency to the operations of various DIFC bodies, according to leading bankers and financial experts.
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