DIFC Authority oversees the strategic development, operational management and planning of the Dubai International Financial Centre. It is also responsible for the development and administration of laws and regulations other than those related to the financial services.
DFSA is an independent regulator of financial and related services conducted in or from the Centre. The DFSA supervises regulated companies and monitors their compliance with applicable laws and rules. The Regulatory Law, DIFC Law No. 1 of 2004 grants the DFSA its powers as a financial services regulator.Read more
Operating within a common law framework to ensure the highest international standards of legal procedure and dispute resolution. The DIFC Courts acts as an independent administration of justice for resolving all civil and commercial laws.Read more
Federal Law No. 8 of 2004 on “The Financial Free Zones in the United Arab Emirates”:
Federal Decree No. 35 of 2004 created the DIFC as a Financial Free Zone in Dubai (the DIFC Law). The Federal Cabinet also made two Cabinet Resolutions that.
Dubai Law No. 9 of 2004 on “The Establishment of the Dubai International Financial Centre” acknowledges the creation of the DIFC and:
Cabinet Resolution No. 28 of 2007 on “Implementing Federal Law No. 8 of of 2004 on Financial Free Zones” further detailed certain provisions of the Financial Free Zones Law.
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