What are the opportunities and challenges for the year ahead? - Christian Cameron

Christian Cameron, Associate Director, Supervision at Dubai Financial Services Authority discussed the wealth management opportunities and challenges for the year ahead.

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1. What opportunities and challenges do you see for the year ahead?

Video transcript

1. What opportunities and challenges do you see for the year ahead?

I think there are some fantastic opportunities for firms that are already in the centre and those firms that are seeking to come to the centre. We have streamlined a lot of the regime in terms of documentation required. The cost is being reduced not just by the DFSA, but also by the Registrar of Companies and the DIFC Authority, to enable businesses to come into the centre, and what we are finding predominantly there, the Qualified Investor Fund regime, is enabling growth in that sector. It really appealed to a wide variety of firms in the wealth management sector, both from a perspective of managing, but also marketing funds as well.

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