Mediation of UAE Medical Malpractice Claims- Can it Work
Introduction Mediation is a form of alternate dispute resolution that seeks to settle disputes without the cost, expense and delay of stressful Court proceedings- and in the area of medical malpractice claims in the United Arab Emirates – extended regulatory proceedings – via the Medical Liability Committee (‘MLC’) and Supreme Committee of Medical Liability (‘SCML’).
Navigating New Rules: Challenges for Investors and Banks in UAE Banking Law Amendments
Introduction: The Federal Decree-Law No. 14/2018 on the Central Bank and the Organisation of Financial Institutions and Activities, along with its recent amendments outlined in Federal Decree-Law No. 54/2023,
Safeguarding Financial Assets: Understanding Bank Fraud Under UAE Cyber Law
Introduction: With the rapid advancement of technology and the increasing digitalization of financial transactions, the threat of bank fraud has become a significant concern globally,
Non-Compliance in AML/CFT Rules: Company Fined for AED 1.2 million – Stay Informed
Introduction: In a significant development aligning with Federal Decree-Law No.20/2018 on Combating Money Laundering Crimes, the Financing of Terrorism, and the Financing of Unlawful Organizations,
Understanding the Ultimate Beneficial Owner in UAE Businesses: Insights from Cabinet Decisions No. 109/2023 and No. 132/2023
In recent years, the UAE has taken significant steps to enhance transparency and combat financial crimes within its business landscape.
Artificial Intelligence: Benefits, Limitations, and UAE Government Initiatives
I. Introduction: AI has been the subject of countless news articles, trending as a key topic on social media sites as well as government concern relating to its potential misuse.
Ensuring Transparency: The Significance of UAE’s Updated Procurement Laws
Introduction: In a significant step aimed at strengthening the safety and transparency of government procurement processes, the UAE has implemented extensive legislative changes through Federal Law No. 11/2023 Concerning Procurement in the Federal Government.
Regulating Unlicensed Virtual Asset Providers: A Comprehensive Guide
Introduction: In recent years, the world has witnessed rapid growth in the popularity and adoption of virtual assets, including cryptocurrencies, non-fungible tokens (NFTs), and various other digital assets.
Key Laws that Combat Money Laundering and Terrorism Financing in UAE Business
Introduction: The UAE has implemented measures to combat money laundering, terrorism financing, and the financing of unlawful organizations, with Federal Decree-Law No. 20/2018 serving as a pivotal legislation in this regard.
Changes to Labour Complaint Process: MOHRE Now Making Decisions
In a significant update to the regulation of labour relations, the Ministry of Human Resources and Emiratisation (MOHRE) has been authorized to make decisions in individual labour disputes.