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UAE

Merrill Lynch ditches US expats in account closures

Investment | 20 Oct 16

Merrill Lynch ditches US expats in account closures

Merrill Lynch, one of the ‘big four’ investment banks in the US, will no longer work with US citizens living abroad following the closure of all expat accounts earlier this month, a UK-based IFA firm has confirmed.

US wealth manager SEI to close Dubai office

Companies | 17 Oct 16

US wealth manager SEI to close Dubai office

US-headquartered SEI is to close its office in the Dubai International Financial Centre next month and will service its Middle East clients from London.

New UAE bankruptcy law ‘does not cover’ bounced cheques

Middle East | 13 Oct 16

New UAE bankruptcy law ‘does not cover’ bounced cheques

Bouncing cheques will remain a criminal offence in the UAE despite indications that the region’s new bankruptcy law would remove the threat of jail, a senior Emirati lawyer has said.

Insights into new regulations in S.Africa, UAE, and Isle of Man

Tax & Regulation | 30 Sep 16

Insights into new regulations in S.Africa, UAE, and Isle of Man

How will new mutual fund regulation in the UAE impact on portfolio bonds and unit-linked funds?

Guernsey regulator signs MoU with Abu Dhabi

Middle East | 15 Sep 16

Guernsey regulator signs MoU with Abu Dhabi

The Guernsey Financial Services Commission (GFSC) has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.