Tag: Abu Dhabi

FSRA grants DEX regulatory approval in the Abu Dhabi Global Market
July 25, 2024 BY Robert Bell

Abu Dhabi Wealth Fund Invests $100m in UK Microchip Company

This investment has been made in the form of a loan that can be converted into equity in Imagination in the future. Imagination is owned by a private equity consortium with strong links to the Chinese government. Previously, Imagination was listed on the LSE under the IMG ticker; however, it was delisted in 2020 when…

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October 19, 2015 BY Maria Nikolova

SCA presents new requirements for internal audit reports at securities brokerages

The Securities and Commodities Authority (SCA), the regulator responsible for the oversight of securities brokerages in the United Arab Emirates, has issued a circular concerning the internal audit reporting for securities brokerage companies. The circular introduces new, tighter requirements for internal reports at such companies. Under the new rules, which come into force in the…

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