DUBAI & LONDON. - Sunday, March 29th 2015 [ME NewsWire]
(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.
- ends -
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/
About CCL
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
Contacts
Forth Capital:
Tom Tracy
Tel: +971 4 364 1235
Email tomtracy@forthcapital.com
Portfolio Marketing Communications
Russ Bryan
Tel: +44 (0)20 3432 2557 / (0)7836 298829
Email: russ@portfoliomc.com
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