Tuesday 26 July 2022
Effecta Compliance Limited, a London-based compliance advisory firm, has opened its first overseas office in Dubai.
A corporate member of the UK-based Association of Professional Compliance Consultants, the boutique consultancy specializes in providing regulatory advice covering compliance support and training, due diligence, governance, and money laundering and financial crime, among other areas.
Effecta Compliance Middle East Limited, the company’s new Dubai subsidiary, is located at the Dubai International Financial Center (DIFC), a dynamic free zone with more than 3,644 registered companies and home to the region’s largest financial ecosystem.
According to Effecta, opening in the DIFC was a natural next step for the company, which has good relationships with clients based in the region. The company is keen to replicate its UK success in the UAE and has employed compliance consultants who have both international experience and local knowledge.
Established in 2021, Effecta supports a range of firms, including asset managers, broker-dealers, digital and crypto asset management companies, fintech providers, hedge funds, investment banks, payment service providers, private equity and venture capital firms, real estate and infrastructure firms, and wealth managers.