Clyde & Co
Middle East | 12 Jan 17
UAE commission ban may face ‘two-year delay’
The UAE Insurance Authority (IA) is to issue a new draft and open a fresh consultation on plans to tackle high fees and hidden commissions in the life industry after requests for a ‘two-year delay’, sources have told International Adviser.
Middle East | 4 Jan 17
DFSA rules out ban on commission, Insurance Authority update
The Dubai Financial Services Authority (DFSA) has no proposals to ban commission, according to chief executive Ian Johnston.
Best Practice | 22 Nov 16
Game-changing UAE insurance regulation: what does it mean?
Life and investment product providers, fund managers, and intermediaries need to swiftly absorb what the potentially game-changing regulation for the UAE’s life insurance industry means for their business and be ready to provide their feedback before the 30 November cut-off date, say Tom Bicknell, Wayne Jones, and Peter Hodgins of international law firm Clyde & Co.
Middle East | 30 Aug 16
UAE plans to impose fund registration fees on life products
The Securities and Commodities Authority (SCA) in the UAE has circulated a draft set of regulations which will for the first time impose the foreign funds promotion registration fee on mutual funds offered as part of life insurance products.
People Moves | 20 May 14
Clyde Co raid fellow firm for South Africa debut
Clyde & Co is to open offices in Johannesburg and Cape Town, and has hired a five-lawyer team from another law firm to head them up.