DUBAI & LONDON--(BUSINESS WIRE)--Forth Capital, the independent investment adviser, and CCL, the international governance, risk and compliance consultancy, announce the authorisation of Forth Capital (DIFC) Limited, a pensions transfer specialist for expatriates in the Dubai International Financial Centre (DIFC).
As a leading investment firm, Forth Capital offers a blend of first-class investment products provided by the world’s premier investment houses. Already in Geneva and Hong Kong, the firm’s new Dubai operation will focus on sophisticated, mainly British and Commonwealth expatriates with at least US$500,000 in liquid assets, positioning it at the higher end of the mass affluent market.
“We are delighted to have received our license from the Dubai Financial Services Authority (DFSA),” said Forth Capital’s CEO, Tom Tracy. “Although our Swiss heritage adds a certain gravitas to our long-established brand, we were effectively a start-up from a DIFC point of view. Christopher Hobbs and his team at CCL have guided us through the entire DFSA authorisation process and we are now ready to start trading.”
“The GCC is a fertile ground for top quality, bespoke personal financial planning,” says Christopher Hobbs, Director at CCL in Dubai. “The DFSA’s international standing as a regulator and the wider legal and commercial environment of the DIFC provides the ideal platform for proper investor safeguards and thriving financial planning businesses”.
Having secured its DFSA license, CCL will continue to support Forth Capital with an outsourced Compliance Officer.
“International executives based in this part of the world want transparency on fees and fair, unbiased financial advice from industry professionals,” said Tracy.
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Notes to Editors
Tom Tracy is available for interview upon request.
About Forth Capital
Forth Capital is a privately owned, independent investment firm, providing financial planning advisory services in Switzerland and around the world. Its aim is to provide top-tier investment products and superior advice to international investors. http://www.forthcapital.com/about-us/
CCL is an international regulatory consultancy providing clients with governance, risk and compliance advisory and training services from its offices in London, Dubai and Mumbai. Established in 1988, CCL draws its clients from every sector of the securities, banking and insurance markets globally. www.cclcompliance.com