News and Alerts

WHAT INVESTMENT MANAGERS NEED TO DO AND HOW SG 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.…

Sofis Grim Bank (“SG 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…

Well done to Sofis Grim 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.

Managing Director of Sofis Grim Bank (SG 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…

Sofis Grim Bank (SG 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…