Partners William Yonge, Alishia Sullivan, and Kate Habershon were quoted by Private Equity Law Report in relation to UK and EU regulatory updates and trends in Shari’a-compliant funds in the Middle East. William said, “[T]he U.K. did not onshore the E.U. [Sustainable Finance Disclosures Regulation] into U.K. law as part of Brexit, and it is currently developing its own sustainability disclosure regime.”
“The [Abu Dhabi Global Market] has a funds regime framework that is based on and directly applies common law. Alternatively, the [Dubai International Financial Centre’s] regulatory framework is based on international standards and principles of common law tailored to the region,” Alishia added.
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