Dubai strengthens ties with Swiss counterpart

According to Mr Paul M Koster, Chief Executive of the DFSA, the move underlines  the significant presence of Swiss financial institutions in the Dubai International Financial Centre and the importance the DFSA attaches to Switzerland.  "FINMA plays a critical role as the national regulator, as did its predecessors, FOPI and the SFBC. In fact, this initiative reflects FINMA’s status as an integrated financial services regulator and in adding co-operation in relation to insurance supervision; it enhances an existing relationship by extending the reach of an MoU which the DFSA and the SFBC ...