Middle East
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).
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.
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.
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.