UAE: Conditions for Financial Activity Licenses Being Revoked Announced

UAE: Conditions for Financial Activity Licenses Being Revoked Announced News developments

UAE: Conditions for Financial Activity Licenses Being Revoked Announced

Mubasher, 26 May 2021: The UAE’s Securities and Commodities Authority has announced the conditions for financial activity licenses being revoked.

The license will be revoked if the company violates its obligations or engages in a bankruptcy case before the courts.

A license will also be revoked if the company fails to engage in a financial activity within six months of receiving the license. For full story, click here.

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Marlé Van Sandwyk