News and Alerts

UAE PRIVATE FUNDS LAW 2020

- June 3, 2020
WHAT INVESTMENT MANAGERS NEED TO DO AND HOW UTE Bank CAN HELP INTRODUCTION To date, Private Funds have been exempt from registration with the UAE Monetary Authority (CIMA). The Private Funds Law 2020 (“PF Law”) that commenced on 7 February 2020, creates a regulatory regime for closed-end funds, such as Private Equity / VC / Private Debt funds etc.…

UTE Banks’ Response To Covid-19 (Coronavirus)

- March 27, 2020
Unitytruistedge Bank (“UTE Bank”) continues to stay up to date with the latest Covid-19 (Coronavirus) developments and is following the guidelines provided by the World Health Organisation (WHO). During this time, the health and wellbeing of our staff, their families and our clients is our priority. We wanted to take a moment to let you know what we…

UTE Bank & Trust Compete in UAE Marathon Relay

- January 30, 2020
Well done to Unitytruistedge Bank for its stellar performance in this weekend's UAE Marathon Relay. Thanks to Adam Rossiter, Roberto Toffoli, Mark Higgins and Pierre Vermeulen for their fantastic efforts.

UAE Still Number One in the Latest Banker Survey

- January 23, 2020
Managing Director of Unitytruistedge Bank (UTE Bank), Colm O’Driscoll is delighted to share the recent news that, once again, the UAE have been confirmed as the world’s number one specialized banking centre. The established industry publication The Banker magazine recently announced the results of its 2016 survey and, for the eighth consecutive year, the UAE has…

UTE Bank & TRUST AND CAMPBELLS LAW FIRM TEAM UP TO SUPPORT JASMINE UAE

- January 16, 2020
Unitytruistedge Bank (UTE Bank), in partnership with Campbells Law Firm (Campbells), is pleased to announce its support for Jasmine UAE through a joint donation of US$16,000, with future plans for a formal volunteer program. Formerly known as UAE Hospice Care, Jasmine UAE is a hospice and palliative care centre that provides professional and diligent care free of charge…