Businesses operating in the UAE face severe penalties for failing to comply with anti-money laundering regulations, where even minor errors in customer verification, record keeping, or reporting procedures can result in substantial financial penalties and irreparable harm to corporate reputation. Understanding the specific compliance requirements and potential consequences is critical for organizations seeking to operate within the UAE's regulatory framework.

In accordance with Cabinet Resolution No. 57 of 2020, entities that conduct Relevant Activities under the Economic Substance Regulations must file directly with the Ministry, regardless of whether they have previously filed ...

The Geo-blocking Regulation makes provisions for information to the business customers, consumers, regulators and traders about the government's plan in the event the Brexit deal does not take effect

The UAE Cabinet has given its approval for 100% ownership on the different economic activities and sectors ranging from renewable energy, agriculture, space and the manufacturing sector.

Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, has issued on 11 February 2013 a federal decree bearing no. 15 of 2013 establishing a new financial free zone in the emirate of Abu Dhabi.

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai issued an open letter last week,...

Following from our recent newsflash regarding foreign ownership of businesses in the UAE, Sheikh Mohammed bin Rashid Al Maktoum, UAE Prime Minister and Ruler of Dubai,...

Learn about the Federal Law No (5) of 1985 called the Civil Transactions Law, Contractual commitments in form and context shall be governed by the law of the State where the common residence of the contracting parties is located.

Dr. Hassan Elhais explains about electronic tagging for offenders in the UAE under Law No. 17 of 2018 that provides for an alternative to imprisonment in certain offences.

As the United Arab Emirate's (UAE's) financial crime risk landscape becomes more complex, anti-money laundering (AML) expectations are rising just as fast. This Anti-Money Laundering 2026 feature brings together...

Business across the Middle East continues to diversify and become more sophisticated. With declining oil prices and increasing international competition, CEOs are seeking new ways of doing business.

In an event that was hosted at the Saudi Standards, Metrology and Quality Organisation in Riyadh which was in partnership with the Saudi Organisation of Certified Public Accountants and associated with Drooms.

The Ministry of Home Affairs Singapore (the Ministry) reiterated that the national laws will be applicable to both the local as well as the international offenders.

Learn about the UAE's Civil Defence Authority, its responsibilities, and key Civil Defence Regulations. Understand how CDA ensures safety, compliance, and public protection across the UAE. Watch now to stay informed.

The Government of Abu Dhabi has decided by its decision by the UAE Cabinet for the abolishment of fees for the majority of the government services. It is intended to have a positive impact on the UAE Economy.

The Foreign Direct Investment Law (Decree No 19 of 2018) established a framework enabling up to 100% foreign ownership of UAE businesses, outside of the designated freezones.

In this video, we explore the UAE's Federal Decree-Law No. 20/2018, a key piece of legislation designed to combat money laundering, terrorism financing, and the funding of unlawful organisations...

In recent years throughout the Gulf Cooperation Council (GCC) bloc there has been a necessary shift to open up their capital markets to foreign investment

The long-standing Israel Boycott Law was introduced in the UAE in the early 1970's in response to a recommendation by the Secretariat of the Arab League.

The Prime Minister, Vice President of the UAE and the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a Cabinet Resolution Number (52) of 2018 governing the executive regulations of the Federal Law Number (3) of 2016 which deals with the Child Rights Law known as Wadeema.