Important background information

Why have we launched this website?

This website has been created to ensure that UAE residents only approach and use firms which have taken the trouble to be regulated and avoid businesses which flout local laws. Therefore the team behind this website have introduced the following code of conduct
 

Qualifying criteria

1. We will take off this website, whether or not they are a featured firm, any business which has its license suspended or withdrawn. Once we have evidence their license has been reinstated they will go back on the website

2. We will prevent any advisory firm from being featured if they are actively involved in cold calling. This is because it’s an outdated practice which harms the sector as a whole

3. We won’t allow any advertising unless the company involved is organising an event and/ or conference which are designed to educate UAE residents. We will however, from time to time, allow advertisements from service providers who have the regulatory approvals to deal directly with the public

4. We reserve the right not to add a financial adviser or firm if they have court cases against them and/ or their reputation is questionable

5. We reserve the right to profile individual advisers who don’t work for a firm which is profiled on this website. To qualify they must work for a regulated firm, be qualified above level 4 and be a member of a recognised industry professional body

6. We won’t allow satellite firms of a regulated firm, or any of their advisers, to be profiled on this website

Why have we launched this website?

This website has been created to ensure that UAE residents only approach and use firms which have taken the trouble to be regulated and avoid businesses which flout local laws. Therefore the team behind this website have introduced the following code of conduct

 

Qualifying criteria

  1. We will take off this website, whether or not they are a featured firm, any business which has its license suspended or withdrawn. Once we have evidence their license has been reinstated they will go back on the website
  2. We will prevent any advisory firm from being featured if they are actively involved in cold calling. This is because it’s an outdated practice which harms the sector as a whole
  3. We won’t allow any advertising unless the company involved is organising an event and/ or conference which are designed to educate UAE residents. We will however, from time to time, allow advertisements from service providers who have the regulatory approvals to deal directly with the public.
  4. We reserve the right not to add a financial adviser or firm if they have court cases against them and/ or their reputation is questionable
  5. We reserve the right to profile individual advisers who don’t work for a firm which is profiled on this website. To qualify they must work for a regulated firm, be qualified above level 4 and be a member of a recognised industry professional body
  6. We won’t allow satellite firms of a regulated firm, or any of their advisers, to be profiled on this website

Who regulates financial advisory firms?

In the UAE wealth management and financial advisory firms are regulated by one or more regulators. In most cases firms come under the supervision of the Insurance Authority, the Securities and Commodities Authority, the Dubai Financial Services Authority, Abu Dhabi Global Markets or the UAE Central Bank.

What information information is provided by advisory firms?

If you’re looking for either an advisory firm or a professional adviser please take time to check out all the regulated companies list on this website. Additionally, you will find some sponsored firms that provide important information, such as:

  1. A description of their business and core strengths
  2. The number of advisers who are a member of a professional body and their nationalities
  3. Their typical client, by income level and nationality
  4. Industry awards
  5. The option to get in touch with sponsored advisory firms and/or featured adviser for a free consultation
  6. Contact information of firms with their website addresses.

Who regulates financial advisory firms?

In the UAE wealth management and financial advisory firms are regulated by one or more regulators. In most cases firms come under the supervision of the Insurance Authority, the Securities and Commodities Authority, the Dubai Financial Services Authority, Abu Dhabi Global Markets or the UAE Central Bank.

What information information is provided by advisory firms?

If you’re looking for either an advisory firm or a professional adviser please take time to check out all the regulated companies list on this website. Additionally, you will find some sponsored firms that provide important information, such as:

  1. A description of their business and core strengths
  2. The number of advisers who are a member of a professional body and their nationalities
  3. Their typical client, by income level and nationality
  4. Industry awards
  5. The option to get in touch with sponsored advisory firms and/or featured adviser for a free consultation
  6. Contact information of firms with their website addresses.
If you are looking for advice on life assurance, savings plans, mortgages, investments etc please focus on the firms regulated by the Insurance Authority. If however you have a large sum of capital to invest please focus on the firms regulated by SCA, the DFSA, the ADGM and the Central Bank of the UAE

SCA

Securities and Commodities Authority (SCA) is responsible for regulating the fund and investment industry of the UAE, including investment advisory firms

Insurance Authority

The Insurance Authority (IA) is responsible for regulating the insurance industry including Insurance companies and insurance brokers.

DFSA

The Dubai Financial Services Authority has established, and strives to maintain, an environment that fosters the DIFC guiding principles of integrity, transparency and efficiency.

ADGM

The FSRA was established pursuant to the Financial Services and Markets Regulations 2015 as the independent financial services regulator of the ADGM.

Central Bank of the UAE

The CB was established pursuant to Union Law No. (10) of 1980 as the government body responsible for monetary, credit and banking policy in the UAE.

Supported by

Professional bodies

Investment management and insurance companies

Consulting firm

Professional bodies

Investment management and insurance companies

Consulting firm

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