Insights

Abu Dhabi Global Market (“ADGM”) regulatory update Q3 2024

The Financial Services Regulatory Authority (“FSRA”) has been actively engaged in regulatory monitoring and enforcement across various sectors. This update outlines significant developments, including the launch of the whistleblowing framework by ADGM, essential circulars, and consultation papers seeking public input on proposed regulatory amendments.

BlackRock Introduces eFront Provider

Global financial service provider Apex Group onboarded as first asset servicing client

Nikko AM Group strengthens international investment platform with ManCo transfer to Apex Group

Nikko Asset Management Co. Ltd (together with its subsidiaries, Nikko AM Group) - one of Asia’s largest asset managers – has reached an agreement to transfer its management company (ManCo) in Luxembourg to FundRock Management Company S.A. (“FundRock”), a subsidiary of Apex Group Ltd (“Apex Group”). Apex Group is the leading global provider of financial services with over 13,000 employees globally.

Apex Group welcomes new Country Head to further transform UAE’s financial services sector

Apex Group, the leading global financial service provider, has announced Sonja Suessenbach as its new Country Head of Abu Dhabi. Suessenbach’s appointment signifies Apex Group’s commitment to driving growth and transforming the financial services sector across the Middle East.

Apex Group announces successful acquisition of Trustees Executors’ custody and investing accounting business

Apex Group Ltd. (“the Group”), the global financial services provider, announces the successful completion of its acquisition of Trustees Executors’ custody and investment accounting business. Thus, expanding its New Zealand investment operations footprint.

Apex Group expands partnership with Integral Corporation

Apex Group, the global leading provider of financial services, announces it has expanded its relationship with Integral Corporation – one of the largest Japan-based private equity managers. It will now provide fund administration services to Integral Fund V Series. This continued partnership further underscores Apex Group’s commitment to support the growing private equity sector in Japan.

Navigating NPPR for non-EU fund marketing in France, Austria, Italy, and Spain

Financial mis-selling, and updates on the UAE's foreign fund regulations

Sabrina Sohail, Secretary of Apex Directors Club and Senior Compliance Executive, Apex Group, and Natasha Zahid, MENA Head of Disputes and Investigations, Taylor Wessing. Key insights from the Apex Directors Club breakfast event, where industry leaders discussed financial mis-selling, regulatory updates in the UAE, and governance challenges in investment management.

21X and Apex Group forge strategic partnership to transform capital markets

21X – which will be the first Distribution Ledger Technology (DLT) exchange for European Securities Market Authority (ESMA)-regulated trading and settlement of tokenized securities - and Apex Group - the global provider of financial services – today announced a ground-breaking strategic partnership that will allow Apex Group’s customers to list tokenized securities on the first-of-its-kind exchange, 21X.

New UK employment legislation: Worker Protection (Amendment of Equality Act 2010) Act 2023

Rachel Gilbert, Head of HR Consulting New UK employment legislation is now in effect to strengthen workplace measures against sexual harassment.

Apex Group’s Leong-Son leads Apex Invest Events with upcoming conferences in Las Vegas and Abu Dhabi

Apex Group Ltd. (“Apex Group”), the leading global financial services provider, has announced the appointment of Colette Leong-Son as Head of Apex Invest Events in the lead up to Apex Invest: Las Vegas and Abu Dhabi. Further underscoring Apex Group’s commitment to the investor community with industry-leading, networking events.

Apex Group supports Phoenix Venture Partners’ MENA expansion with Abu Dhabi Global Markets licence and fund

Leading international financial services business Apex Group Ltd. (“Apex Group”) has announced the recent approval of an Abu Dhabi Global Market (ADGM) fund manager licence for Phoenix Venture Partners (“Phoenix Ventures”).