Middle East
Best Practice | 25 Oct 17
Analysis: Regulatory confusion reigns in the UAE
IFAs in the UAE continue to play guessing games ahead of the Insurance Authority’s unveiling of plans for commissions caps, greater transparency in customer contracts and tighter rules on financial advice.
Middle East | 24 Oct 17
Saudi expat employment visas slashed
Expats working in Saudi Arabia will now only be able to apply for one-year employment visas after the Ministry of Labor and Social Development cut the duration in half.
Guernsey waives promoter licences for over 100 territories
Investment promoters from a host of countries and territories will no longer have to obtain a licence from the Guernsey Financial Services Commission (GFSC) if their main place of business is in one of more than 100 jurisdictions.
Best Practice | 17 Oct 17
Nearly 50% of UAE advisers ‘anxious’ about new rules
Almost half of UAE advisers admit to anxiety about new rules that will affect how they operate and say that they “need to change now” to be ready for them, according to a survey into forthcoming regulations conducted by Zurich Middle East.
Middle East | 16 Oct 17
Israel tightens up residency rules with 7 conditions
The Israeli Tax Authority (ITA) has set out seven conditions for a recent immigrant to be regarded as an Israeli resident for tax purposes as part of a wider move to tighten the rules.