United Arab Emirates: NEW RULES FOR TRADABLE ISSUE RIGHTS

Imtiaz Shah and Blake Harley of Hogan Lovells deconstruct ESCA’s new regulations for tradable issue rights focusing on the content of these rules, how they work in practice and the issues that are likely to arise on implementation.  Just two days prior to MSCI’s announcement in June 2013 that the UAE’s status would be upgraded to ‘emerging market’ from ‘frontier...
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