The newly published regulation deals with setting up funds locally within the UAE, the marketing and promoting of foreign funds directly by firms and representative offices licensed by the Central Bank or SCA as well as funds distributed through retail and commercial banks licensed by the Central Bank. The new regulation has a wide scope of coverage, therefore your company will be impacted if they engage in any of the following activities within the UAE:
- Fund management, marketing foreign or local funds to either retail investors, intermediaries or institutions
- Private banking
- Retail banking*
- Private equity funds
In an attempt to capture the initial response of the financial services industry to the new regulation, Insight Discovery, a strategic research company based in the UAE, is conducting this survey as a service to the industry. The results will shared with everybody in the industry and will be published on international-adviser.com.
To properly assess the market’s response to the new regulation, it would be highly appreciated if you took two minutes of your time to answer this survey. It can be taken either from your office or on your smart phone.
Please click here to participate
The closing date for this survey is Tuesday 16 October 2012
All responses will be kept confidential. Insight Discovery is a specialist financial services market research company which works in accordance with the ESOMAR code of conduct (the international market research organization), therefore nothing will be attributed to any individual.
*there is the possibility that private banks with clients in the UAE, even if the business is conducted offshore, could be affected by these new regulation
