SCA
Advisers in UAE face tougher environment for financial planning
The chief executive of a leading UAE advice firm has warned that increased regulation will reduce the survival prospects for many financial consultancy firms in the Emirates if the obvious warnings from regulators are ignored.
Middle East | 8 Jun 17
UAE securities regulator re-opens door for fund registrations
Asset managers can now complete the process of registering and promoting funds in the UAE following the release of fresh guidance from the Securities and Commodities Authority (SCA).
Middle East | 9 May 17
Clouds linger over mutual fund industry in the UAE
The mutual funds industry in the UAE is still waiting for clarity from the Securities and Commodities Authority (SCA) on its recently introduced registration and promotion systems as another regulator, the Insurance Authority, moves ahead with life company and adviser reforms.
Goldman Sachs AM first to register foreign retail funds in UAE
Goldman Sachs Asset Management (GSAM) has become the first firm to register foreign investment funds for retail investors in the UAE under the new mutual fund regulation introduced by the Emirates’ Securities and Commodities Authority (SCA).
Middle East | 22 Dec 16
Are game-changing UAE regulations sinking in yet with advisers?
There will be a massive impact on the financial services industry if the UAE Insurance Authority’s proposed clampdown on fees and commissions comes into effect in 2017, says Philip Cernik, chief marketing officer of Friends Provident International.