UAE regulator details new financial promoters licence

The Securities and Commodities Authority (SCA) in the UAE has released long-awaited details of its new Financial Promoters licence, boosting hopes that the permits for financial advisers and banks will soon be issued.

Markets hit Quilter assets in Q1 despite inflows

Middle East | 18 Dec 17

A 1% pa income model for the UAE beckons – Nigel Green

One of the key industry figures in the region, the Middle East’s head for deVere Acuma Nigel Green has told International Adviser that “everybody is moving in the direction of a 1% per annum type model”.

Industry | 13 Dec 17

UAE exploring more taxes

The UAE Government is considering introducing further taxes in addition to value-added tax but has confirmed that a levy on income will not be up for discussion.

Implications of blacklisting for UAE

UAE officials should not be overly concerned about the jurisdiction’s inclusion in the European Union’s tax haven blacklist, despite pledging to get it removed, an international tax expert has said.

Europe | 7 Dec 17

UAE questions US omission from tax haven blacklist

Dubai wealth managers have questioned why countries like the US and Switzerland have been left off the EU tax haven blacklist but the UAE has been included.

UAE