Hedge Funds & Alternative Investments
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Regulation, Risk & Compliance
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Walter Jopp says some UAE advice firms ‘will not survive’
The UAE advice market will adapt to the game-changing, commission capping regulation that is BOD49 through consolidation in the sector, according to Walter Jopp, chief executive of Zurich Middle East. The Insurance Authority implemented BOD49 on 15 October 2020 and the rules state that no indemnity commission — a sum…
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