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Middle East Masterclass: A regulatory focus

11 February 2010

Global Investor/isf's Middle East Masterclass did not shy way from one of the most talked about topics in the financial markets today - regulation

All the GCC markets regulatory structure look similar, but the devil is in the detail, said Mike Hughes, of Deutsche Bank. From the point of view of the international investor, the complexity involved in trading across different GCC markets is a serious disincentive. “All markets have significant differences in their structures. There needs to be a greater consistency between the region’s SBL, clearing and settlement structures with the rest of the world.”

This can only be provided by the regulator, Hughes said. “This is not a commercial issue. The regulators need to step up and provide...


 

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