Reforms related to bounced cheques were recently introduced by the Government of United Arab Emirates. These reforms were introduced through the Federal Decree Law No. 14 of 2020.

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 Banking Litigation team at Al Tamimi continues to assist many of our clients with enforcement of finance documents before the UAE Courts.

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.

In a recent (August 2014) decision, the DIFC Court has ruled against financial institutions in a USD 200 million investment mis-selling claim.

There has been an increasing interest of foreign investors in the use of special purpose vehicles (‘SPV') in the structuring of securitisation transactions in the UAE.

It can be risky to follow personal finance advice from unqualified or self-declared experts on websites like TikTok, especially for younger people who may have little...

The new Regulations aim to help facilitate the enhanced adoption of secure digital payments throughout the region.

The DIFC has recently introduced their regulations concerning The Ultimate Beneficial Owners (UBO) of companies.

One day, you might find an amount of money deposited into your account without any prior notice! This is often followed by a request to return it or transfer it to another account.

On Friday 23 October 2020, Abdalla Hamdok, the Prime Minister of Sudan, along with Abdel Fattah al-Burhan, the head of Sudan's sovereign council, entered into an agreement with the Israeli prime minister, Benjamin Netanyahu.

Being half-Singaporean and living in Dubai, I find it particularly interesting to follow the growing developments between Asia and the UAE.

UAE expat residents who find themselves in financial difficulties, indebted to the point where their options are limited, fleeing to the airport with hastily packed overstuffed cases and a one-way ticket

Financial liability in terms of multiple loans or credit cards is to be best handled by availing the option of a ‘Debt consolidation loan in UAE'. There are several banks in the UAE providing the...

Data is the new black - or, perhaps more relevantly for the UAE, the new oil. With one important distinction: data's market value is not going down.

Before i start, let's assess this scenario: The UAE is the sixth top remittance-sending country in the world, with the country's expatriates sending more than $19 billion (Dh70 billion) in one year...

Central bank digital currencies (CBDCs) are a form of digital currency issued by a country's central bank. Countries like the USA are developing CBDCs and looking to provide legislation so as to help regulate these digital currencies.

Since a cheque is meant to replace money, people must have trust in it. Therefore the UAE penal law levied a punishment against anyone issuing insufficient funds its due date.

On 30 October 2018, the UAE government issued UAE Federal Law No. 19 of 2018 on Foreign Direct Investment (FDI Law).

With a number of new regulations issued and others in the pipeline, the UAE insurance regulatory landscape has entered a pivotal new phase.