Dubai regulator fines director of failed wealth firm
He carried out client transactions without approval and ‘engaged in misleading and deceptive conduct’
Dubai
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Case study: What to do before moving to the Middle East
James and Elanor are lawyers moving to Dubai with their teenage daughter
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Dubai regulator fines DIFC firm $105,000 for unauthorised work
The failure of the representative office to have sufficient controls is taken ‘seriously’
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Dubai regulator fines defunct wealth firm nearly $250,000
After it was suspended for, among other things, illegally promoting an unregulated foreign fund
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DFSA decision upheld over ex-Deutsche Bank compliance head
Tribunal found she ‘recklessly misled’ the Dubai regulator about details of the bank’s wealth arm
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UAE advisers set for revolutionary change of track
Commission, fees and mis-selling changes to trigger consolidation and elimination of smaller players?
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Firms fake Dubai permissions
Regulator confirms no such companies are based in the international financial centre
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Date set for seismic UAE legislation to go live
BOD49 has been gazetted and will come into force in six months
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Friends Provident International marketing manager dies
Tim Hughes passed away on Sunday 17 November 2019
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DFSA is first regulator to do MoU with Saudi monetary authority
Collaboration on dispute resolution and secondments between the two regulators will be on the agenda
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How will commission cap revamp the UAE advice market?
Some believe change ‘will clean up the industry’ but others disagree
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Swiss private bank opens advisory office in Dubai
Former Deutsche Bank managing director to lead operations in the UAE