UAE financial regulators to merge
Should address ‘current gaps and ambiguities’ to provide more certainty for investors
Insurance Authority
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Decapitating stroke for UAE third party administrators
Role of TPAs in health insurance market to be eliminated after capitation schemes deemed unlawful
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Manulife Hong Kong unveils virtual ’face-to-face’ platform
To sell all individual insurance (except ILAS) digitally
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Online marketing of insurance to need approval in UAE
But life policies with an investment component cannot be sold electronically
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Insurance brokers in UAE offered capital relief
It will help firms meet their operating expenses during the coronavirus outbreak
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UAE advisers split on game changing regulation
With one-in-10 chief executives considering their exit strategy
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How will merger of UAE regulators affect advice sector?
Firms ‘would no doubt have to change or replace their current licences which would come at a cost’
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UAE insights: six months until BOD49 comes into force
Financial advisers give their views on how they think the regulation will impact the industry
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Legal view on UAE commission cap
Law firm expects separate set of rules dealing specifically ‘with advisers and individual sales personnel’
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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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Final details of game-changing UAE legislation
Zurich Middle East CEO called it the ‘single biggest piece’ of regulation market has seen
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Monumental legislation signed in the UAE
Circular 12 – now BOD49 – set to shake up financial advice in the region