HSBC has targeted the UAE for the launch of its new global digital trading platform World Trader which is aimed at the mass affluent market.

United Arab Emirates wealth manager AHR Private Wealth is to take over London-based AXG Group which offers financial advice and Financial Planning services mainly to expats.

The FCA has issued a warning about a ‘Financial Planning’ and wealth advisory firm it believes is based overseas but providing financial services or products in the UK without authorisation.

Membership of the CISI, the professional body for UK-based Certified Financial Planners, has risen by 18% in the UAE as more local professionals seek internationally-recognised qualifications.