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Peter Robinson

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Peter Robinson

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Name

Peter Robinson

Your Country

United Arab Emirates

Company

Cayman National Dubai Ltd

Position

Director and SEO (retired)

Gender

Male

Core Industries

Banking, Finance, Offshore Specialist

Experience

Peter Robinson is a highly experienced banker and offshore specialist with a career spanning several decades. He has worked in both the UK and the Middle East and has built a reputation as a trusted advisor to his clients.
Throughout his career, Peter has focused on corporate, retail and offshore banking and is able to provide expert insight on a wide range of financial products and services.

He has a deep understanding of the complex regulatory environment within the UAE – having run a DFSA category 4 office in DIFC for many years.

As a Board member he has championed the understanding and management of risks for companies within the Middle East, serving on several committees and working parties.

Peter is also keen to promote well-being and self-development.

Let's Talk.

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NEDs and Economic Substance (“ESR”)

Pursuant to ESR, certain companies deploying a “relevant activity” have to demonstrate that they have effective substance in their jurisdiction by satisfying a so-called “economic substance test”. ESR is in force in the UAE since 30th April 2019.

A company meets the test if it is directed and managed in the UAE and has adequate people, premises and expenditure in the country.

In this context, the composition and competence of the board of directors – composed of both executive director(s) and NED/s –, and the proper recording of minutes of all board meetings are key factors when assessing whether a company is compliant or not.

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