Special purpose entities get a regulatory makeover
The fresh rules introduce exempt offerings, broader sponsor eligibility, and stronger governance to boost sukuk, securitization, and structured debt issuance.
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The fresh rules introduce exempt offerings, broader sponsor eligibility, and stronger governance to boost sukuk, securitization, and structured debt issuance.
Compensation for expropriation is calculated at the property’s market value with an added 20% premium to account for losses arising…
Certificates are valid for three years, with annual performance reporting mandatory
Co-owners of land plots will be individually liable for their proportional share of the tax
The regulations also mandate periodic reviews of client investment accounts
The public consultation will run for 30 days through to Sunday, 10 September on Istitlaa
At least 10% of shares must be owned by the public at the time of listing, up from the previous…
The law comes with specific restrictions based on location, property type, and usage
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