Full foreign ownership of UAE firms set to go live
It will no longer be a requirement to have a local sponsor/agent
Middle East
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Farringdon AM sets up financial advice firm in Dubai
It will advise retail clients on onshore and offshore products
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Brooks Macdonald boss named CEO of personal wealth at SLA
While wealth manager promotes chief executive of international arm as successor
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Another tax net for NRIs who have a virtual presence at home
Non-residents will be taxed if transaction value exceeds INR 20m in India
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Banking group unveils wealth management branch in Dubai
As multi-family office creates UAE operation to tap into the ‘underserved’ region
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Global financial advice firm secures federal approval from SEC
In addition to the US, it has offices in the UAE, Switzerland and the UK
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UAE advisers have worst reputation among western expats
‘Cold calling needs to stop’ for their image to improve
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Two-thirds of Middle East advice firms looking to buy
But what do they make of the regulatory merger and changes to inheritance and divorce laws?
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Single premium policies boost Hansard results
As covid sees Japan office launch pushed back
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Ex-Lloyds and Barclays duo set up Isle of Man advice firm
Company will also offer services to UK expats globally
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Investors told to rethink portfolio weightings
Advisers say investors with a long-term outlook should look to bonds
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UAE-based advice firm sets up UK private client business
As it looks to secure roughly £2bn AUM within 36 months