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Dubai Financial Centre Puts Trust in Islands’ Expertise

Dubai Financial Centre Puts Trust in Islands’ Expertise

Two Channel Islands insolvency practitioners have been authorised to act as Official Liquidators in the jurisdiction of Dubai.

Alan Roberts and Adrian Rabet of Begbies Traynor are among just 10 people worldwide to be granted such authorisation by the Dubai International Finance Centre (DIFC) Registrar of Companies.

Dubai’s International Finance Centre is regulated to international standards and aspires to the stature of New York, London and Hong Kong. The DIFC has attracted high calibre companies from the Emirates and around the globe since it opened five years ago.

Alan Roberts said: “Dubai is a key international business centre housing a significant number of companies which are part of larger global organisations. As the business cycle matures in the DIFC it will require restructuring skills of qualified insolvency practitioners.

“We are extremely pleased to be granted the authority to work in this important jurisdiction which will not only benefit the offshore international arm of Begbies Traynor Group but will also enable us to advise colleagues in offices throughout the Group’s mainland UK network.”

Julie Palmer

About the author

Julie Palmer

Regional Managing Partner

Meet our Team of Experts

Julie is a law graduate who qualified with Price Waterhouse in 1994. Julie joined Smith & Williamson in 1997 and became a partner in 2001. With Mike Stevenson, Julie set up Middleton Partners offices in Salisbury and Southampton, both of which are now part of Begbies Traynor.

Julie is a member of the Insolvency Practitioners Association and the None Administrative Receivers Association and is a Fellow of The Association of Business Recovery Professionals. Julie deals with all aspects of Corporate Recovery and turnaround work and takes all form of personal insolvency appointments.

Advice You Can Trust

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ACCA (the Association of Chartered Certified Accountants) ICAS | The Institute of Chartered Accountants of Scotland
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