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ESG: changing financial services for the good
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As the Middle East's ultra-high-net-worth individuals encounter unprecedented growth in personal wealth, there is a notable shift towards the professionalisation and institutionalisation of family offices.
Family wealth has been crucial to the business and development of many societies globally. In many developed climes, the economies were and are still controlled by family dynasties.
When is a company not a company? When is a trust not a trust? When it is a UAE foundation. Many trust, corporate and structural tax professionals have pondered over the form of entity entity...