This news comes as part of Fundguard's global expansion strategy, where the firm will use local market dynamics to expand their client base in the territory
25 February 2025Abu Dhabi Reporter: Clelia Frondaroli
The launch is said to mark a milestone within Abu Dhabi's long-term economic vision, where the region intends to deepen its capital market through modern trading infrastructure
The partnership will see Broadridge as the service provider for the firm’s global securities class action services, and will offer comprehensive global class action coverage
The move comes amid new regulations introduced in Saudi Arabia that require firms to establish their regional base in the nation or risk losing access to lucrative government contracts