Employees from over 100 exchange houses in the UAE will be given training in an attempt to reduce financial crimes in the banking sector.

Question: I took out a bank loan and gave them a cheque as a guarantee. Now though, I am not able to pay the loan and the bank is threatening to file a case against me. What are the potential cases they could file and what would be the expected outcome?

In the UAE, Bank Loans Offered to Individual Customers are governed by Regulation No. 29/2011 Regarding Bank Loans & Other Services Offered to Individual Customers.

Employee welfare and rights have always been a top priority for UAE legislators. This has been the case since the implementation of the UAE Labour Law, which has seen several...

The concept of dual licensing has emerged as a transformative development in the UAE’s business ecosystem, giving companies the strategic flexibility to operate across both free zones and the mainland under a more integrated structure.

The Dubai Financial Services Authority (DFSA), the financial services regulator in Dubai recently issued its crypto token regime which goes into force on 1 November 2022.

Financial consultants, bankers and investors usually fail to understand the true concept behind investment in cryptocurrency

The Dubai International Financial Centre (DIFC), issued an important piece of legislation on digital assets. It is the new Digital Assets Law No 2 of 2024 (the Digital Assets Law)...

The Global ABS 2025 conference was held in Barcelona from 10 June to 12 June. Now in its 29th year, the event remains Europe's...

In a significant move, the Central Bank of the United Arab Emirates has issued circular no. /3/ of 2023 ("Circular"), in pursuance of the Federal Decree-Law no. /23/ of 2022 amending Federal Decree-Law no. /14/...

The Abu Dhabi Global Markets (ADGM) issued the Guidelines concerning the use of Initial Coin or Token Offerings (the ICO Guidelines) on 9 October 2017 to regulate fund-raising through coin or...

The recent fine slapped on Deutsche Bank by the DFSA is just one example of how watchdogs are taking a serious and rigorous approach to AML investigations.

Rarely a day goes by without an announcement on the upward trajectory of India's growth...

Banking and financial disputes can easily become a painful hurdle for many, especially as they can cause wider disruptions to both your business and personal life.

The rapid advancement of quantum computing has garnered global attention, with the United Arab Emirates (U.A.E) emerging as a leader in recognizing its immense potential.

The Dubai Court of Cassation has issued a binding ruling prohibiting Islamic banks and Takaful companies from charging any form of interest or fees for delayed payments even in instances...

With the rapid advancement of technology and the increasing digitalization of financial transactions, the threat of bank fraud has become a significant concern globally, including in the UAE.

The UAE introduced the Economic Substance Regulations in April 2019 (later amended by Cabinet Resolution 57 of 2020 (ESR) and Ministerial Decision 100 of 2020).

The Federal Tax Authority (FTA) of the UAE recently amended some provisions of the UAE VAT Executive Regulations, particularly Cabinet Decision No. 52 of 2017, on the Implementing Regulation of Federal.

First, it's important to grasp what the Dubai International Finance Centre (DIFC) is all about. Established in 2004, the DIFC is a special economic zone...