Middle East
Suspension lifted at Holborn Assets
Dubai-headquartered Holborn Assets Insurance Brokers has resumed normal business after the Insurance Authority suspension of the company’s licence was lifted on Monday, sources have told International Adviser.
The privacy risks of cross border investing
What can unite the UK and Russia, Saudi Arabia and Qatar and Pakistan and India? The answer, as all nerds know, is not football but tax, specifically the Common Reporting Standard (CRS), according to Irwin Mitchell Private Wealth partner Alex Ruffel and solicitor Luke Micallef-Trigona.
Canaccord responds to IA action over Holborn
In light of the regulatory action by the UAE Insurance Authority against Holborn Assets, Canaccord Genuity Wealth Management has told International Adviser that it is “keeping the matter under review and looks forward to the conclusion of the regulator’s findings”.
Woodbrook to make UAE and Latin America acquisitions
International financial adviser Woodbrook Group is in the process of making at least two more acquisitions this year – including entries into the UAE and South America.
Holborn Assets has Dubai licence suspended
Dubai-based Holborn Assets Insurance Brokers has had its Insurance Authority licence suspended for three months, in a rare case of the regulator taking action over a complaint about what is believed to be the sale of a long-term savings product.