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DFSA preps firms for client assets regime overhaul
Firms will need to maintain a client asset crisis preparedness pack, and file separate audit reports for client money, investments,…
THIS MORNING: Americana eyes Five Guys, Cinnabon operator + More details about Ras Al Khaimah airport’s new terminal
Plus: GulfNav readies convertible bond issuance to fund Brooge acquisition
THIS MORNING: Santos shares jumps 10.9% following Adnoc-led takeover offer + Next Friday is off for Hijri New Year
Plus: Pharo hedge fund eyes Abu Dhabi
DFSA appoints new COO + Al Futtaim has a new retail president
Juma Thani previously served as group CTO at FAB
THIS MORNING: Unincorporated partnerships can now be subject to corporate tax + Banks start adopting new AED symbol
Plus: IRH taps EPointZero for decarbonization
DFSA amends capital rules for DIFC firms
The DFSA first proposed the reforms in October 2024
NSF sets up shop in Dubai
Plus: NMO taps Presight to build AI-powered media data hub
DFSA moves to slash base capital requirements for fund managers
ALSO- The regulator proposed hiring rule changes for asset managers
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