NASDAQ Dubai recently consulted on its new proposed Admission and Disclosure Standards (the “ADSs”).

Reform of the DIFC’s Listing Regime

The proposed ADSs, issued on 6 February 2012, are part of significant ongoing reform of the regulatory architecture governing NASDAQ Dubai and other securities exchanges in the Dubai International Financial Centre (the DIFC). The reforms date back to early October 2011, when responsibility for Official List and listing authority functions in the DIFC was transferred from NASDAQ Dubai