Simmons & Simmons’ Financial Services Regulatory and Funds team has been named "Financial Services Regulatory Team of the Year" at the IFLR Middle East Awards for the second year running.
Simmons was recognised for its market-leading expertise, and significant contributions to the financial services regulatory and funds landscape in the Middle East.
The team has solidified its position as the largest dedicated Financial Services team in the Middle East, boasting over a combined 35 years of focused experience in financial services regulation and funds from its base in the UAE. Its unique structure combines both a contentious and non-contentious regulatory practice and funds offering.
Muneer Khan, Partner & Regional Head of Simmons & Simmons in the Middle East said, "This award reflects the excellence of our market-leading Financial Services Regulatory and Funds team and our commitment to not only serving our clients with the highest standards but also our proactive involvement in helping to shape the regulatory frameworks within the UAE and beyond."
The FS Reg team has advised on several groundbreaking projects, including the establishment of the first operational fund platforms in the DIFC and on supporting the UAE to develop the largest hedge fund management community in on the MENA region. These projects underscore the team's commitment to facilitating access to the UAE market for international funds and asset managers.
Adam Wolstenholme, Partner, commented, "This recognition is a reflection of the great work of our growing regulatory team, the development of the financial services landscape in the UAE, and our pivotal position on the most pressing matters both in TradFi and DeFi. As we continue to grow and welcome new members, we remain dedicated to ensuring the UAE remains a progressive and sophisticated jurisdiction that is attractive to global participants and attracting the best talent."
The Simmons & Simmons Financial Services Regulatory and Funds team is now the largest such practice in the UAE market and continues to grow to meet the demand.
