We are a team of globally skilled specialists having experience of audit, VAT, bookkeeping and advisory services. GSS has marked its footprint in the UAE to cater to the GCC region requirements of its esteemed clients.
Relevant Activity (according to Article 4 of Cabinet Resolution No. 31 of 2019)
Banking Business
Core Income Generating Activities (non-exhaustive) (Article 5 of
Cabinet Resolution No. 31 of 2019)
Raising funds, managing risk including credit, currency, and interest risk.
Taking hedging positions.
Providing loans, credit, or other financial services to customers.
Managing capital and preparing reports to investors or any government authority with functions relating to the supervision or regulation of such business.
Regulatory Authority (according to Cabinet Resolution No. 58 of 2019)
UAE Central Bank
The competent authority in the Financial Free Zone for the Banking Businesses