TMF Group, a global leading provider of administrative asset servicing, corporate and compliance services, announced it has received regulatory approval from the Dubai Financial Services Authority to operate as a Fund Administrator within Dubai International Financial Centre (DIFC). In addition, TMF Group will also be licensed to act as a Corporate Service Provider.  

This expansion enables TMF Group to operate in DIFC as a corporate service provider and fund administrator. The firm will be able to support clients incorporating and operating in DIFC and provide fund administration services to both local and international asset managers operating in it.

The move strengthens TMF Group’s presence in the Middle East, enabling the firm to deliver consistent, high-quality services across jurisdictions and deepening its role in the region’s financial landscape.

The expansion comes as DIFC continues to strengthen its position as one of the world’s leading financial centres and a regional hub for wealth and asset management. The Centre has seen sustained growth across its funds ecosystem, driven by increasing demand from global and regional asset managers seeking to access opportunities across the Middle East, Africa and South Asia.

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is the world’s most advanced financial centre, shaping the global financial landscape and cementing Dubai’s reputation as a leading business destination across the Middle East, Africa, and South Asia (MEASA).

As the region’s only financial centre operating at scale across all sectors, DIFC is home to 8,844 active firms. These include 1,052 regulated firms including over 500 Wealth and Asset Management firms (including 100 hedge funds), 290 banks and capital markets firms, 135 insurance and (re)insurance companies, and 70 brokerage entities. Home to over 1,677 AI, FinTech and innovation, DIFC sets the benchmark for financial innovation and is a top four ranked FinTech hub across the world.

Underpinned by a trusted, world-class legal and regulatory framework, including the region’s most utilised commercial courts, DIFC ensures efficient governance and reinforces Dubai’s leadership in the digital economy. Connecting 50,200 professionals, it offers the region’s deepest pool of financial talent, serving as the gateway to MEASA for all financial players.

Beyond business, DIFC provides the complete urban experience with world-class lifestyle amenities, establishing it as a highly sought-after destination. The 17.7mn sq. ft. DIFC Zabeel District expansion which provides capacity for over 42,000 companies and a workforce of more than 125,000, DIFC is solidifying Dubai’s position as a top four global financial centre. The new District will also include premium Grade A commercial office space, over 1mn sq. Ft. allocated to future technologies including the world’s largest Innovation Hub and world’s first purpose-built AI Campus, an expanded academy, residential buildings, hotels, a conference centre, and a range of retail, dining, and cultural offerings, including a first-of-its-kind art pavilion.

Anchored in integrity, DIFC is the platform for success, driving the future of finance.