UAE
UAE to push ahead with major life industry overhaul
The main regulator of life companies in the UAE has confirmed it will go ahead with a ban on indemnity commissions, limits to fees and charges on industry products and tighter rules on financial advisers.
Middle East | 24 Apr 17
UAE joins global fight against offshore tax evasion
The United Arab Emirates formally signed up to what the OECD calls ‘the most powerful multilateral treaty against offshore tax evasion and avoidance’, on Friday.
Middle East | 20 Apr 17
Mike Coady heading up Guardian Wealth’s new UAE division
Ex-deVere UK managing director Mike Coady is heading up Guardian Wealth Management’s new corporate solutions division in the UAE.
Middle East | 19 Apr 17
Perfect Storm: UAE advisers must adapt to regulatory truth
The scale of regulatory change facing advisers in the Middle East will force major changes on the advisory industry and survival will require the interests of customer, distributor and provider to become more aligned, argues David Thompson of FPI.
Goldman Sachs AM first to register foreign retail funds in UAE
Goldman Sachs Asset Management (GSAM) has become the first firm to register foreign investment funds for retail investors in the UAE under the new mutual fund regulation introduced by the Emirates’ Securities and Commodities Authority (SCA).