IQ-EQ granted fund administration services licence by DFSA
23 October 2024 UAE
Image: stock.adobe.com/Alexandr Vlassyuk
The Dubai Financial Services Authority (DFSA) has granted IQ-EQ a licence to offer fund administration services in the Dubai International Financial Centre (DIFC).
The licence permits IQ-EQ to offer its investor services capabilities in the DIFC. The firm says it is now “poised to support clients in the region for the long-term, with sustainable and compliant investment growth.”
IQ-EQ’s group chief commercial officer, Emma Crabtree, comments: “Our expansion of services in the DIFC recognises the scale of the opportunity presented, and is in line with the increased demand we’re seeing from existing clients — both those local to the market and global players eyeing expansion.”
Tariq Nakhooda, IQ-EQ’s country head for the UAE, adds: “Following our launch in the region last year, our focus has been on expanding both our offering and footprint and connecting clients across the world’s key regions.”
The licence permits IQ-EQ to offer its investor services capabilities in the DIFC. The firm says it is now “poised to support clients in the region for the long-term, with sustainable and compliant investment growth.”
IQ-EQ’s group chief commercial officer, Emma Crabtree, comments: “Our expansion of services in the DIFC recognises the scale of the opportunity presented, and is in line with the increased demand we’re seeing from existing clients — both those local to the market and global players eyeing expansion.”
Tariq Nakhooda, IQ-EQ’s country head for the UAE, adds: “Following our launch in the region last year, our focus has been on expanding both our offering and footprint and connecting clients across the world’s key regions.”
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