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C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i)
C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i) the Central Bank of the UAE (CB); (ii) the Securities and Commodities Authority (SCA); (iii) the Dubai Financial Services Authority (DFSA), which is the regulator of the Dubai International Financial Centre (DIFC); and (iv) the Financial Services Regulatory Authority (FSRA), which is the regulator of the AbuDhabi Global Market (ADGM). What are the main reasons for regulating the role of financial intermediaries.
C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i) the Central Bank of the UAE (CB); (ii) (!!!) (iv) the Securities and Commodities Authority (SCA); the Dubai Financial Services Authority (DFSA), which is the regulator of the Dubai International Financial Centre (DIFC); and the Financial Services Regulatory Authority (FSRA), which is the regulator of the Abu- Dhabi Global Market (ADGM). What are the main reasons for regulating the role of financial intermediaries.
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