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Middle East

Novia Global expands into Middle East, teams up with PWS

Middle East | 28 Sep 16

Novia Global expands into Middle East, teams up with PWS

Novia Global, the international platform arm of UK-based Novia Financial, has started doing business in the Middle East.

Dubai regulator fines insurer for sales outside permitted zone

Middle East | 27 Sep 16

Dubai regulator fines insurer for sales outside permitted zone

The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers outside the centre.

Asset managers, life co’s seek clarity on new UAE fund laws

Middle East | 26 Sep 16

Asset managers, life co’s seek clarity on new UAE fund laws

Life companies are calling for more clarity on how new laws covering mutual funds offered for sale within their products in the UAE will work in practice, while asset managers have begun the process of deciding which products to offer.

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.

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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.