Middle East
Middle East | 11 May 16
Abu Dhabi aiming to be the Middle East’s new fintech hotspot
Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has proposed creating a framework that will allow financial technology (fintech) firms to conduct their activities in a controlled and cost-effective environment.
Middle East | 10 May 16
RSA partners with Now Health to offer health insurance in UAE
British multinational general insurer RSA Insurance has announced the launch of an international health insurance operation in the United Arab Emirates in partnership with Now Health International.
Middle East | 9 May 16
DIFC begins liquidating Bank Sarasin Alpen in Dubai
The court of the Dubai International Financial Centre (DIFC) has begun is first non-voluntary winding up of a company under its jurisdiction as it enforces a ruling against a private bank which failed to pay a fine in a long-running financial mis-selling case.
Middle East | 9 May 16
Dubai regulator fines two directors for wilful AML breaches
The Dubai Financial Services Authority (DFSA) has fined two former bank directors for wilfully breaching the regulator’s anti-money laundering (AML) rules.
David Howell: Guardian Wealth Management’s accidental adviser
GWM’s David Howell talks about his firm’s expansion plans, alphabet soup, and the unintended consequences of RDR on the UK advice market.