Regulation Tomorrow Plus: EMEA Regulatory Insights Series – 2024 Horizon Scanning – UAE (Podcast)

The United Arab Emirates has, over recent years, moved decisively from a fragmented, product-by-product approach to a coherent licensing and supervision framework for payment services.

A travel ban, in common terms, means restricting an individual who is inside the country to exit the country and prohibiting an individual who is outside the country to enter or re-enter the country.

The Payment Facilitator model, commonly referred to as the ‘PayFac' model, has emerged as one of the more commercially significant innovations in the card payment space.

Bounced Cheque Law in UAE allows direct execution for no or insufficient funds, while defined bad-faith acts can still create criminal exposure.

Federal Decree-Law No. (6) of 2025 repeals the 2018 Central Bank Law and the 2023 Insurance Decree-Law, consolidating banking, payments, and insurance regulation under a single statute...

Credit cards defaults should not be taken lightly, and credit cardholders should be well versed with the aftereffects of such defaults.

The Capital Market Authority of the United Arab Emirates has introduced a comprehensive new licensing regime for Virtual Asset Service Providers, establishing eight distinct regulated activities with risk-based capital requirements and enhanced governance standards. The framework consolidates previous regulations while introducing stricter controls on privacy tokens, algorithmic tokens, and client asset holdings, positioning the UAE as a leading hub for regulated digital asset innovation.

In a landmark decision, the Dubai Court of First Instance limited the scope of a land mortgage after finding that the financing bank had failed to channel the full loan proceeds...

In the UAE, the regulation of charging interest for borrowed money is governed by Federal Decree-Law No. 31/2021, also known as the Crimes and Penalties Law.

UAE The President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued Federal Decretal Law No. (9) of 2018 regarding Public Debt which will enable the federal government to issue sovereign bonds...