For Sean Kelleher of Mondial the new rules ushered in a full corporate restructure while Ashok Sardana of Continental Financial Services said anticipation of the changes ahead of time ensured a smooth transition.
There was unanimous view that the changes had been good for the financial services community in the United Arab Emirates, though Sarah Lord of Killik Offshore, which is DFSA regulated, did note the growing number of regulators in the Gulf state was potentially confusing for consumers.
Tim Searle of Globaleye said the changes had improved international perceptions of the UAE with more people outside the country viewing it now as a regulated territory.
