There probably has never been a better time to be a regulator. While some have been accused of sleeping on the job, others are making the most of the new appetite for greater regulation.
Paul Koster is the new chief executive of the Dubai Financial Services Authority (DFSA) in his office at the Dubai International Finance Centre (DIFC). He is a Dutchman with a wealth of experience, ranging from his time as the commissioner of the Autoriteit Financiële Markten (Netherlands Authority for the Financial Markets), executive vice president of Royal Philips Electronics and chief compliance officer at the Amsterdam Stock Exchange.
He has carried out a number of senior finance functions in his earlier career, having trained as an accountant with Arthur Andersen.
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