Alpadis obtains registration in Dubai

24 January 2024 15:12

SBC UAEZurich CCGreater Zurich

Zurich/Dubai - Alpadis Corporate Services, a member of the Alpadis Group, has been registered as a Designated Non-Financial Business and Profession in Dubai. This status means that while it is not a financial company, it is subject to the regulations of the financial sector in the United Arab Emirates.

Alpadis Corporate Services (DIFC) Limited has been officially registered as a Designated Non-Financial Business and Profession (DNFBP) in Dubai, according to a statement. This means that the branch in the United Arab Emirates (UAE), which is part of the Alpadis Group, is also subject to the local regulations for financial services as a non-financial company.

The recognition as a DNFBP by the Dubai Financial Services Authority not only reinforces Alpadis' position as a trustworthy and credible company, but also enhances its operational capabilities within Dubai's dynamic financial ecosystem, the statement adds. Alpadis Corporate Services is the second branch in Dubai and is located in the Dubai International Financial Centre (DIFC).

The DNFBP designation underlines the Alpadis Group's commitment to excellence and compliance in the area of corporate services, according to the statement. It stands for alignment with Dubai's strict regulatory measures and commitment to anti-money laundering (AML) and counter-financing of terrorism (CFT) standards.

The new status provides Alpadis with the opportunity to engage more deeply in the financial market, offering its clients a broader range of services with the assurance of compliance and security. This opens up new opportunities for the Alpadis Group and its clients.

The Alpadis Group opened its first office in Dubai in January 2022. In November 2022, the second office was opened in the Dubai International Financial Center (DIFC) in Dubai. Alpadis is headquartered in Zurich. ce/gba

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