- Clear requirements for all financing activities.
- Updated aggregate finance limits and bank guarantees for licensing.
SAMA issues updated finance companies regulation
A Historic Milestone – Saudi Arabia’s Capital Market Opens to All Foreign Investors
- Eliminates the concept of the Qualified
UAE SCA Renamed CMA, and Other Landmark Legislations
On 1 January 2026, Federal Decree-Law No. (32) of 2025 and Federal Decree-Law No. (33) of 2025 took effect which establish the regulatory framework for the capital markets sector and the Capital Market Authority (CMA) in the UAE.
This step is part of the UAE’s ongoing programme to modernize the sector’s legislative and
Global Asset Management Review – Issue 4
- Update on the UK listed fund sector.
- Overview of funds market and fundraising environment.
- Tokenisation from pilot to practice: A UK manager’s guide
FATF issues Asset Recovery Guidance and Best Practices
On 4 November 2025, the Financial Action Task Force (FATF) issued Asset Recovery Guidance and Best Practices.
The FATF revised its Recommendations on asset recovery and related international co-operation in October 2023 and made corresponding changes to the FATF Assessment Methodology in June 2024. These changes signal that asset recovery must become
FSB publishes reports on its work on NBFI
- Leverage in NBFI: Final report. This final report addresses financial stability risks created by NBFI leverage, focusing on risks that may arise: (i) in
IOSCO statement on combatting online harm and the role of platform providers
On 21 May 2025, the International Organization of Securities Commissions (IOSCO) issued a statement on combatting online harm and the role of platform providers.
Among other things IOSCO identifies in the statement certain measures currently used in some jurisdictions that can help disrupt online harm involving financial misconduct and encourages platform providers to
FSB chair letter to G20 Finance Ministers
On 23 April 2025, the Financial Stability Board (FSB) published a letter from its chair, Klaas Knot, to G20 Finance Ministers and Central Bank Governors ahead of their meeting on 23-24 April.
In the letter Mr Knot reflects on the progress made in addressing global challenges to financial stability and outlines priorities for
Global Regulation Tomorrow Plus: EMEA insights series: Episode 19 – UAE update
In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market. In this latest episode Karl Masi and Hasanali Pirbhai from our Dubai office provide a regulatory update for the UAE. This includes the FATF’s onsite assessment this
IOSCO Work Programme 2025
- Prioritize issues related to non-bank financial intermediation again in 2025.
- Continue its review of the IOSCO Principles for the Valuation of Collective Investment Schemes.
- Spearhead a series