Question: C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i)

C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i) the Central Bank of the UAE (CB); (ii) the Securities and Commodities Authority (SCA); (iii) the Dubai Financial Services Authority (DFSA), which is the regulator of the Dubai International Financial Centre (DIFC); and (iv) the Financial Services Regulatory Authority (FSRA), which is the regulator of the AbuDhabi Global Market (ADGM). What are the main reasons for regulating the role of financial intermediaries.

C. The UAE has four different regulators responsible for the authorization and supervision of financial intermediaries (banks, insurers, and other financial institutions). These are: (i) the Central Bank of the UAE (CB); (ii) (!!!) (iv) the Securities and Commodities Authority (SCA); the Dubai Financial Services Authority (DFSA), which is the regulator of the Dubai International Financial Centre (DIFC); and the Financial Services Regulatory Authority (FSRA), which is the regulator of the Abu- Dhabi Global Market (ADGM). What are the main reasons for regulating the role of financial intermediaries.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Suppose a sample of 200 children are selected.Assume both parents are carriers of the albinism gene for all the selected children. What is the probability that more than 65 of these children are...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Auditors are the third pair of eyes for people who use financial statements ( Uzuh,2008). The audit provides users of the financial statements...

Consider the following information: Rate of Return if State Occurs State of Economy Boom :57 Bust of Economy .66 .34 Probability of State Stock A .09 .13 Stock B Stock C .03 .19 .24 -.04 a. What is...

4 Files 3:17 PM Fri May 13 Insert Draw Layout Review View Unit SMacroeconomic Policy Name: HR: POLICY BASICS Use the space below to take notes during class. The Federal Reserve: Monetary Policy:...

Questions: 1. Identify the key criteria and considerations that need to be taken into account in evaluating BFSI entry in the proposed foreign markets. 2. Of the countries under consideration, which...

I need a tutor help answer this question. Read the article ?Who Regulates Whom and How?? in the module resources and answer the following prompts in your initial post: Identify three policy problems...

Hi, can you help me with this question? I attached the file and other people's assignment. I hope these two can help you finish my assignment. Read the article ?Who Regulates Whom and How?? in the...

1.Read sections I, II, IV, V, VI and VIII of the IDB document titled 'Financial Regulation in the English-Speaking Caribbean: Is it Helping or Hindering Microfinance?' which is located at...

Multiple choice please answer all questions to the best of your ability. Question 1 Not yet answered Points out of 1.00 Not flaggedFlag question Question text Contracts to sell and buy back a...

In 1983, the Reagan Administration introduced a new agricultural program called the Payment-in-Kind Program. To see how the program worked, lets consider the wheat market. a. Suppose the demand...

Pick one Excel data set (A through F) and investigate whether the data could have come from a normal population using = .01. Use any test you wish, including a histogram, or MegaStat's Descriptive...

5. Th e author of King Lear was an English actor. John Milton was English but not an actor. Th erefore, John Milton is not the author of King Lear. (Wxy:x wrote y; Ex: x is English; Ax: x is an...

RATIO ANALYSIS OF COMPARATIVE FINANCIAL STATEMENTS Refer to the financial statements in Problem 24-8A. REQUIRED Calculate the following ratios and amounts for 20-1 and 20-2 (round all calculations to...

Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation in Exercise 8- 10. In Exercise 8- 10, Del Gato Clinic deposits all cash...

Refer to the information for Rebert Inc. below. Also, assume that the dividends paid to common stockholders for last year were $2,600,000 and that the market price per share of common stock is...

Refer to the information for Solpoder Corporation on the previous page. Solpoder Corporation has the following comparative financial statements: Solpoder Corporation Income Statement For the Year...

Belnap Company has provided the following partial comparative balance sheets and the income statement for 20X2. Belnap Company Income Statement For the Year Ended December 31, 20X2...

Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead rate method, or activity-based costing...

Presentations: Planning and Developing; Collaboration: Team Projects [LO-1], [LO-2], Chapter 2 Youve been asked to give an informative 10-minute talk on vacation opportunities in your home state....

______________ _____________ _____________ is a measure of how closely new employees meet a companys needs.

How can you think like an employer if you have no professional business experience? [LO-1]