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Liability had been determined in August 2014, with the defendants being held jointly liable for regulatory breaches and breaches of duty (currently under appeal).

The new federal decree-law no. 35 of 2021 amending the provisions of federal decree-law no. 9 of 2016 regarding bankruptcy and its amendments has been introduced in the United Arab Emirates...

The Dubai Multi Commodities Centre (DMCC) has issued a circular ("Circular") on 1 July 2025 directing all DMCC-licensed entities engaged in insurance and insurance-related activities...

Bahrain is a crucial GCC nation which has risen to prominence in recent decades as a global powerhouse. One of the areas that are unique to Bahrain is that it was the first post-oil economy

The Dubai Financial Services Authority (DFSA) has formally enacted its updated regulatory framework for Crypto Tokens in the Dubai International Financial Centre (DIFC),1 as of January 12, 2026, following an October 2025...

The United Arab Emirates (UAE) has steadily emerged as one of the most progressive jurisdictions in the global digital-asset landscape.

Dubai Multi Commodities Centre (DMCC) was established in the year 2002 as flagship hub for global commodities trade providing state-of-the art physical, financial and market infrastructure.

Earlier in April 2019, the Cabinet of Ministers in the United Arab Emirates (UAE) released Resolution No 31 of 2019 (Resolution)

The Emirate of Dubai in 2024 issued Law No. (1) of 2024 Concerning Tax on Foreign Banks Operating in the Emirate of Dubai. The Law's passing is an essential step to clarify the applicability of separate tax laws for foreign banks operating in Dubai.

Further to the UAE's cabinet decision no. 85 of 2022 on the determination of tax residency, the Ministry of Finance announced a Ministerial Decision (no.27 of 2023)...

In late January 2021, the Small to Medium-Sized Enterprises (SME) Market Conduct Regulation ("Regulation") was circulated to all banks and finance companies licensed by the Central Bank in the UAE

Employers in the U.A.E. can now opt into a new system allowing them to fund individual future end-of-service benefits by contributing monthly to an employee's defined contribution account.

With a population that grew by 8% between 2014 and 2015, demand for financial, tourism, hospitality and manufacturing services is rapidly growing as Oman's government moves towards

BSA are pleased to announce the launch of a new Market Watch report, in partnership with the Legal 500, focusing on ‘The Future of Finance: Digital transformation, innovation, and the FinTech ecosystem in the GCC'.

Failure of the Euro is no longer a question of 'if' but 'when'.

The UAE has a comprehensive legal framework governing labour relations and financial crimes. Employers in the UAE have clear guidelines for terminating workers without notice...

The federal degree number 14 of 2020 has amended and added new articles to the UAE commercial transaction law no. 18 of 1993. The recent changes will be in force from January 2022 onwards.