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  • Article

    Guidelines On The Calculation Of Interest In Banking And Finance Disputes And Requirements Of 'Adequate Securities' Under Amendments Of Banking Law

    On 26 September 2022, the UAE legislator issued Federal Decree-Law No. 23 of 2022, amending certain provisions of Federal Decree-Law No. 14 of 2018 concerning the Central Bank and the Regulation of Financial Activities and Establishments (the "Banking Law").
    United Arab EmiratesFinance and Banking
    BSA Law
    BSA Law
  • Article

    Are You Complying Or Not?

    Dubai Executive Council issued Executive Council Resolution No (7) of 2016 (Resolution) pertaining to fees and fines pursuant to Health Insurance Law
    United Arab EmiratesFood, Drugs, Healthcare, Life Sciences
    BSA Law
    BSA Law
  • Article

    Is Eating In Public A Crime During Ramadan?

    Eating in your car? Chewing gum? Sipping water in the gym? Is public daytime eating during Ramadan actually a crime in the UAE
    United Arab EmiratesStrategy
    BSA Law
    BSA Law
  • Article

    UAE Health Care Law Opens New Vistas

    The UAE has updated its health care law to keep pace with the swift changing requirements in the sector. One of the important objectives has been to attract more talented medical professionals...
    United Arab EmiratesFood, Drugs, Healthcare, Life Sciences
    BSA Law
    BSA Law
  • Article

    UAE Fire Premiums To Rise

    Premiums to be paid for insuring high-rise buildings in Dubai would rise next year, following a number of building fires in Dubai, including the Torch Tower in the Marina area, which caught fire in August for the second time in two years. But the increases are expected to be moderate.
    United Arab EmiratesInsurance
    BSA Law
    BSA Law
  • Article

    Navigating Dubai's Off-Plan Real Estate Laws: Compliance Essentials For Developers

    Dubai's real estate market continues to attract global attention, with off-plan properties emerging as the preferred choice for investors.
    United Arab EmiratesReal Estate and Construction
    BSA Law
    BSA Law
  • Article

    Tokenization Of Real Estate Assets: Explained

    As blockchain and cryptocurrency regulations in the region begin to grow, numerous start-ups are showing interest, along with major financial institutions seeking to develop this innovation across the
    United Arab EmiratesTechnology
    BSA Law
    BSA Law
  • Article

    Aviation Contracts: Consumer Rights, And Transfer And Registry

    In the UAE, aircraft title can be transferred through a legal instrument in a form acceptable to the General Civil Aviation Authority (GCAA) and executed by the seller and the purchaser in writing.
    United Arab EmiratesTransport
    BSA Law
    BSA Law
  • Article

    The U.S. Supreme Court Limits Penalties For Taxpayers With Foreign Accounts Who Non-Willfully Fail To File Required Reports

    On February 28, 2023, the U.S. Supreme Court, in a narrow 5-4 opinion, determined that taxpayers who non-willfully fail to file annual Foreign Bank Account Reports (FBARs) face a maximum $10,000...
    United StatesCriminal Law
    Arnold & Porter
    Arnold & Porter
  • Article

    Bitcoin Mercantile Exchange (BitMEX) Employee Pleads Guilty To Violation Of Bank Secrecy Act!

    BankInfoSecurity.com reported about BitMEX that "A high-ranking employee at a cryptocurrency exchange with U.S. operations has pleaded guilty to violating the Bank Secrecy Act [BSA].
    United StatesTechnology
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Value Based Contracting In Healthcare

    In this article, we will explore the potential for Value Based Contracting (VBC) in healthcare in the United Arab Emirates and how it can help improve outcomes for patients.
    United Arab EmiratesFood, Drugs, Healthcare, Life Sciences
    BSA Law
    BSA Law
  • Article

    Can Employers Terminate Employees Due To COVID-19?

    With the recent outbreak of the COVID – 19 Virus, the hardest hit are establishments within the hospitality, F&B and retail industry, with many restaurants, gyms and many other businesses being...
    United Arab EmiratesCoronavirus (COVID-19)
    BSA Law
    BSA Law
  • Article

    Turning The Tide On Greenwashing In 2023

    As companies worldwide trumpet their ESG credentials and pledge net zero, many are failing to make good on their promises. Corporate greenwashing is rife...
    United Arab EmiratesEnvironment
    BSA Law
    BSA Law
  • Article

    What Are A Tenant's Rights After A Residential Fire?

    With the Torch Tower fire this weekend (and a small fire at Tiger Tower today) we find out what a tenants' rights are after a fire hits the building they live in…
    United Arab EmiratesReal Estate and Construction
    BSA Law
    BSA Law
  • Article

    Adding Value: Everything You Need To Know About VAT In The GCC

    While most UAE residents are acutely aware that VAT is coming, and that it's going to push day-to-day living costs up, until now, there has been little detail on what VAT would and would not apply to.
    United Arab EmiratesTax
    BSA Law
    BSA Law
  • Article

    Family Business Regulations In The UAE

    A family business is any business in which two or more members of the same family are involved and most of the ownership or control lies within such a family.
    United Arab EmiratesWealth Management
    BSA Law
    BSA Law
  • Article

    Application Of Article 96 Of The UAE's Anti-Narcotic And Psychotropic Substances Law

    The following article provides an overview of the application of Article 96 of the UAE's Anti-Narcotic and Psychotropic Substances Law, as it relates to food, beverages, or products containing narcotics...
    United Arab EmiratesFood, Drugs, Healthcare, Life Sciences
    BSA Law
    BSA Law
  • Article

    100% Foreign Ownership For 13 Sectors In The UAE

    Following the enactment of the UAE Federal Law No. 19 of 2018 on Foreign Direct Investment ("FDI LAW"), the UAE Cabinet has announced the positive list of activities covered by and benefiting from Article 7-3 of the FDI Law.
    United Arab EmiratesGovernment, Public Sector
    BSA Law
    BSA Law
  • Article

    Essential Insights For Businesses On UAE's Corporate Tax Implementation

    Partner and Head of Tax, Shamma Al Falahi recently spoke with Finance Middle East regarding the tax landscape in the UAE.
    United Arab EmiratesTax
    BSA Law
    BSA Law
  • Article

    Unveiling The Green Facade: Comparing FTSE100s And MENA's Progress In Climate Transition Planning

    The recent news of Financial Times Stock Exchange ("FTSE") 100 companies failing on credible climate transition plan has wider implications in the context of the current environmental...
    United Arab EmiratesEnvironment
    BSA Law
    BSA Law

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