The new office in ADGM comes at an important time in BNY Mellon’s 100-year history in the region and 20 years in Abu Dhabi, according to Hani Kablawi of BNY Mellon
One industry expert says it is becoming ‘increasingly difficult for firms to stay within the rules” as the number of legislative initiatives that compliance teams need to maintain grow
In his new role, Verbiest will oversee the legal and compliance functions of the company in the region while managing its relations with regulators across Europe and Africa