Offshore distributors voice fears over UAE sales practices

Poor products and lack of adviser education among concerns raised

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Structured product sales in Dubai are thriving

Some offshore distributors of structured products are scared for their industry. Not as a result of disappointing sales volumes - on the contrary, the booming market in Dubai alone is worth an estimated £2.5 billion - but because they say relatively relaxed regulation has resulted in a freewheeling atmosphere that has led to some poorly constructed products and sales practices appearing in Dubai and the wider United Arab Emirates (UAE) markets. The effects have been disappointing, accor