Analysis: UAE faces up to a new way of doing business
Regulatory changes proposed by the UAE Insurance Authority could completely change the way business is done in the region.
Regulatory changes proposed by the UAE Insurance Authority could completely change the way business is done in the region.
Advisers looking to set up in Europe should avoid France and consider Portugal, a panel of industry experts said at International Adviser’s London event on Wednesday.
UK-headquartered AES International, which provides financial advice to expats across the Middle East, has opened a new office in the Dubai International Financial Centre (DIFC) after gaining a licence from the Dubai Financial Services Authority (DFSA).
AES International has decided to implement the advice and wealth management platform Xplan, developed by Australian technology company IRESS, to help remove time-consuming manual processes across its business.
Deadlines to implement business changes thanks to new regulations are coming thick and fast. So how are international life companies and global intermediaries changing their business models as a result?
Financial advisers in the Middle East have welcomed the long-awaited news that Abu Dhabi has opened its financial free zone, however, one IFA questioned whether it will be strong enough to compete with other financial hubs.
Earlier this year, International Adviser was voted the most important publication by advisers across the Middle East.
AES International has introduced a new partner to serve its ultra-high net worth and high net worth clients across the Middle East.
Pressure is mounting on insurance brokers in the UAE as the full scale of the upcoming regulatory requirements become clear and as some brokers warn they will report those firms which do not comply.
Sam Instone is a former soldier turned IFA, who built his reputation offering advice in hostile regions where other advisers feared to tread. He describes his tactics for introducing positive change to the industry
AES International has appointed lawyer James McLeod to its board as general counsel, responsible for corporate governance and risk management.
Mark Recardo, the former chief executive of International Financial Services Qatar, has joined AES International in Dubai.