ArticleDubai's VARA Issues Regulations For Virtual AssetsDubai's Virtual Asset Regulatory Authority (VARA), has issued its highly anticipated Virtual Assets and Related Activities Regulations 2023.United Arab EmiratesFinance and BankingCavenwell 3.0
ArticleHow Can We Prevent Cybercrimes In The Banking Sector?The UAE has been at the forefront of taking decisive and proactive measures to curb the prevalence of cyber-attacks in the region.United Arab EmiratesFinance and BankingDr Hassan Elhais
ArticleKuwait Central Bank Sharia Supervisory Board Draft LawKuwait is a wealthy and steadily growing nation. United Arab EmiratesFinance and BankingSTA Law Firm
ArticleMinistry Of Finance Releases Amended Ministerial Decision On Unincorporated Partnerships, Foreign Partnerships And Family Foundations – Announced November 2024The UAE Ministry of Finance (MoF) has released Ministerial Decision No. 261 of 2024 (MD261) on Unincorporated Partnerships, Foreign Partnerships and Family Foundations.United Arab EmiratesFinance and BankingHadef & Partners
ArticleNon-Performing Assets In The UAEBanks, like other businesses, run on profit. A major source of profit for the banks is the interest paid by the borrowers of loans.United Arab EmiratesFinance and BankingDr Hassan Elhais
ArticlePayment Orders – A Shortcut To Getting Your Money Back!Recent updates to the UAE Civil Procedure Code in 2018 have resulted in improved access to claiming unpaid debts against defaulted debtors. United Arab EmiratesFinance and BankingAbdo Rafiq & Partners
ArticlePoised For Robust Growth: Islamic Finance Market Trends In The Middle EastThe Middle East continues to be a powerhouse in the Islamic finance industry, commanding a significant share of global Sharia-compliant assets. The region is estimated to hold approximately 77.4%...United Arab EmiratesFinance and BankingNorton Rose Fulbright
ArticleRegulations For Financial Leases: UAELeasing is considered an important aspect when it comes to the finances for the corporations, primarily in the cases of funds for the expensive capital equipment like the machinery, vehicular assets, equipment...United Arab EmiratesFinance and BankingSTA Law Firm
ArticleThe UAE's New SCA Licensing RegimeIn 2020, the Securities and Commodities Authority (SCA), which is the UAE's financial and capital markets regular, published a draft new rulebook on financial activities regulated by the SCA.United Arab EmiratesFinance and BankingBSA Law
ArticleUAE Impose New Laws To Improve Banking SectorsUAE regulators have imposed laws to boost the Banking and Finance Sectors. Aftermath the Global financial crisis in 2008, the regulators are more careful of writing laws for the banking sectors.United Arab EmiratesFinance and BankingSTA Law Firm
ArticleUAE Stays Top MENA EconomyDUBAI – The UAE remains the best country for doing business in the Middle East and North Africa (Mena) region for yet another year, as it introduced 4 new reforms in the last 12 months, the World ...United Arab EmiratesFinance and BankingBSA Law
PodcastEvolution Of Digital Bonds In Global Capital Markets (Podcast)Rory Copeland, senior associate in our financial services regulatory team, is joined by partners Jodi Norman (Dubai) and Agnes Tsang (Hong Kong), and counsel Philippe Noeltner (Luxembourg)...WorldwideFinance and BankingA&O Shearman
ArticleIFRS News - Q4 2019IFRS news is your quarterly update on things relating to International Financial Reporting Standards (IFRS). We'll bring you up to speed on topical issues and significant developments,...United Arab EmiratesFinance and BankingGrant Thornton
ArticleUAE Bank Sector Tops GCC With Assets At DH2.6 TrillionAs per the Central Bank of the UAE statistics, the UAE's banking sector topped the GCC region in terms of asset volume with a total value of about $711 billion (Dh2.61 trillion) in 2016...United Arab EmiratesFinance and BankingGlobal Business Services DMCC
ArticleADGM FSRA Proposes New Rules For Fiat-Referenced TokensOn 9 September 2025, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) released Consultation Paper No. 9 of 2025...United Arab EmiratesFinance and BankingAl Tamimi & Company
ArticleDIFC Innovation And AI LicenseDubai International Financial Centre (DIFC) is a leading international financial centre, seamlessly bridging regional markets with the global economy.United Arab EmiratesFinance and BankingAl Tamimi & Company
ArticleDoes The Bank Have A Right To Close A Customer's Account As A Result Of Multiple Bounced Cheques?In the UAE, it is legally permissible for banks to close a customer's account if multiple checks are returned due to insufficient funds.United Arab EmiratesFinance and BankingDr Hassan Elhais
ArticleLaws And Regulations Around Personal LoansThe Central Bank Regulation No. 29/2011 On Bank Loans & Other Services Provided to Individual Customers regulates the relationship between banks (conventional and Islamic)...United Arab EmiratesFinance and BankingDr Hassan Elhais
ArticlePortfolio Reporting And Data Management Services To Family OfficesNexdigm partnered with an IT platform provider as an implementation partner to provide portfolio reporting and data management services to Ultra-High Net Worth family offices.United Arab EmiratesFinance and BankingNexdigm UAE
ArticleThe UAE's Financial Services Sector: Can Project MBridge Accelerate Digital Transformation?The Central Bank of the UAE (CBUAE) has successfully launched the Project mBridge Minimum Viable Product platform for early adopters.United Arab EmiratesFinance and BankingNorton Rose Fulbright