HSBC Bank Middle East to move place of incorporation to DIFC | GulfNews.com:
"HSBC Middle East Limited (HBME) in official filings to London Stock Exchange and Irish Stock Exchange on Thursday said it intends to transfer its place of incorporation and head office to the Dubai International Financial Centre.
“HBME, an indirect wholly-owned subsidiary of HSBC Holdings plc, which is currently incorporated and has its head office in Jersey, confirms that it intends to transfer its place of incorporation and head office to the Dubai International Financial Centre. This is subject to regulatory and all other applicable approvals,” the bank said in a statement.
Following the relocation, HBME will be lead-regulated by the Dubai Financial Services Authority (DFSA). This relocation is expected to complete during 2016."
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