After almost four months of the BOD-49 regulation, some are projecting that the changes will lead to a reduced uptake of life insurance products and other financial services, particularly amongst the expat population in the UAE. Some Background – BOD-49 and Commissions. The BOD-49 regulations – which were introduced on October 16th– are an attempt […]
Tag Archives: regulation
14
Nov
Nov
On the 16th October 2020, the UAE Insurance Authority brought in its much-discussed BOD-49 life insurance regulations. Whilst these were supposed to come into force earlier, the implementation of the new regulations was delayed by the pandemic. The BOD-49 regulations are intended to combat mis-selling and increase transparency and value for consumers. What Is The BOD-49 […]
03
Jul
Jul
It’s difficult to keep track of all the important financial stories coming out of the UAE. Luckily, IAE have collected all the UAE news that you need to see. Get caught up over the weekend with our Friday UAE News Roundup. Is an Expat Exodus on the Horizon? With recent research from Oxford Economics projecting […]