UAE
UAE unveils crackdown on banks selling insurance policies
The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling complaints.
Middle East | 9 May 17
Clouds linger over mutual fund industry in the UAE
The mutual funds industry in the UAE is still waiting for clarity from the Securities and Commodities Authority (SCA) on its recently introduced registration and promotion systems as another regulator, the Insurance Authority, moves ahead with life company and adviser reforms.
Zurich signs 10-year UAE deal with Standard Chartered
Zurich Life International has signed an “exclusive” 10-year distribution agreement with Standard Chartered in the United Arab Emirates (UAE).
Best Practice | 4 May 17
Guernsey overhauls pension framework to match int’l standards
Guernsey has announced plans to overhaul its regulatory regime for pension product providers to bring it closer in line with the current international best practice standards.
Middle East | 4 May 17
Globaleye hires compliance officer as UAE rules tighten
Dubai-headquartered IFA firm Globaleye has hired a regulatory compliance expert to ensure the company meets the rapidly growing demands of watchdogs in the countries where it operates worldwide.