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Middle East

Guernsey regulator signs MoU with Abu Dhabi

Middle East | 15 Sep 16

Guernsey regulator signs MoU with Abu Dhabi

The Guernsey Financial Services Commission (GFSC) has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

Industry changing rules on UAE funds get official green light

Best Practice | 15 Sep 16

Industry changing rules on UAE funds get official green light

New mutual fund charges and regulations that could have a dramatic effect on the number of funds offered on international platforms and within life insurance wrappers have become law in the United Arab Emirates.

ADGM issues scam warning for Rothschild Gulf Investment Bank

Middle East | 14 Sep 16

ADGM issues scam warning for Rothschild Gulf Investment Bank

The Financial Services Regulatory Authority (FRSA) has issued an alert relating to claims made by Rothschild Gulf Investment Bank (RGIM) about operating in the Abu Dhabi Global Market (ADGM).

Middle East | 13 Sep 16

Israeli court rejects Fatca lawsuit

Israel’s high court has rejected a lawsuit to block the implementation of America’s foreign account tax compliance act (Fatca) despite claims that it violates the country’s basic law on human dignity and liberty.

Islamic insurer growth limited by overcrowded market

Investment | 7 Sep 16

Islamic insurer growth limited by overcrowded market

Islamic insurance company earnings in Gulf Cooperation Council (GCC) states are relatively weak and unevenly distributed, hampered by an overcrowded market and a focus on low-margin retail products, according to S&P Global Ratings.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.