Comments on the NMC saga & recommendations, FT, 17 Apr 2020

17 April, 2020
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Dr. Nasser Saidi commented on the ongoing NMC Health saga, with recommendations for the regulator in the FT article titled “NMC scandal proves a boon for global advisers” published on 17th April 2020.
The full article can be accessed at: https://www.ft.com/content/edf10938-7500-11ea-90ce-5fb6c07a27f2
 
The comment is posted below:
To bolster local ability to handle such crises, Nasser Saidi, a governance consultant, says the financial regulator’s powers could be expanded into a supervisory body to screen regional companies seeking to list abroad. He also believes that a UAE version of the UK’s Companies House — providing information on corporate ownership and financials to the public — would benefit transparency.

 

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