Biography

Margaret advises banks and other financial institutions on various regulatory and ongoing compliance issues including authorisations, conduct of business rules, marketing of financial products, customer documentation, anti-money laundering, regulatory investigations, regulatory aspects of sales and purchase of companies and businesses.

Since joining Al Tamimi, Margaret has been advising on a wide range of financial services regulatory issues, including:

  • compliance and regulatory issues; including advice on compliance systems and controls, anti-money laundering issues, conflicts of interest, data protection, notification requirements and obligations in relation to conduct of business;
  • cross border provision of financial services and products to professional and retail investors and related licensing requirements;
  • DFSA authorisations (for banks, financial advisors and intermediaries, portfolio and asset managers and funds), including changes to permissions;
  • regulatory aspects of corporate restructuring; including acquisitions, mergers and liquidations;
  • assisting and advising in relation to regulatory breaches, potential sanctions and remedial actions;
  • assisting and advising when a regulatory authority visit or review is being undertaken; and
  • drafting full suite of client on-boarding documentation, including client agreements covering client classification, conduct of business, anti money laundering and sanctions screening requirements.

Read More

Recent Experience

  • Advising Bank of Singapore on the set up of their DIFC branch and on the regulatory aspects of the purchase and transfer of Barclays’ DIFC private banking clients;
  • Advising on the deregistration of the DIFC branch of Société Générale Bank and Trust and the transfer of clients in the DIFC;
  • Advising on the conversion of Bank of China’s DIFC subsidiary to a branch;
  • Advising a large European bank in relation to compliance with anti-money laundering and client on-boarding requirements and advising on remedial steps to address issues; and
  • Assisting one of Japan’s leading banks conduct a detailed review of their client on-boarding process to ensure compliance with DIFC requirement and UAE Federal anti-money laundering legislation.

Language(s)

  • English

Education

2006 – Bachelor of Laws, University of Otago

2006 – Bachelor of Arts, University of Otago

Admission

2007 – Barrister and Solicitor in New Zealand

back Chat with us

Disclaimer: This chat service should not be relied upon as a substitute for professional advice which takes account of your specific circumstances and any changes in the law and practice. No warranty is made as to the accuracy or completeness of the information provided via this service and no liability is accepted by Al Tamimi & Company Limited, its affiliates, partners or employees for any loss arising as a result of reliance upon the information provided.

I Agree   

Kindly accept the disclaimer to proceed to a live chat.

Please choose one of the following options below:

Thank you for your inquiry. We will connect you to one of our agents now.

Thank you. Which service are you looking for?

Thank you for your interest in working with Al Tamimi & Company. Please click here to view our latest job openings.

Please click here leave a message and we will get back to you shortly.

Chat