Do you think the DIFC and ADGM are now robust centres for wealth management, protection and structuring? - Yann Mrazek

Yann Mrazek of M/HQ

Feb 18, 2019

Yann Mrazek, Managing Partner at M/HQ discussed whether the DIFC and ADGM are now robust centres for wealth management, protection and structuring.

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1. Do you think the DIFC and ADGM are now robust centres for wealth management, protection and structuring?

Video transcript

1. Do you think the DIFC and ADGM are now robust centres for wealth management, protection and structuring?

Historically, people want to park some of their assets outside of the region while still remaining heavily invested regionally. Now the trend that we see is a split. There is an immense number of families restructuring their business using either the DIFC or the ADGM which are now perceived as bona fide centres, with the two to boot, being trust holding or foundation. There is clear momentum in this regard, however it does not mean that people stop using foreign offshore structures, but the two can live together in parallel, and communicate.

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