Introduction:
The rise of digital transactions has transformed interactions
between consumers and businesses. As technology rapidly advances,
regulatory frameworks must adapt to address emerging challenges.
Federal Decree-Law No. 14/2023 on Trading by Modern Technological
Means is a significant legislative framework in the UAE for digital
transactions. This article explores key provisions of the
Decree-Law related to consumer rights, e-security, and data
privacy, highlighting their implications for both consumers and
businesses.
Consumer Rights in Digital Transactions
Federal Decree-Law No. 14/2023 establishes robust protections
for consumers engaged in digital transactions. Article 5 authorizes
that businesses must obtain necessary approvals, permits, and
licenses from the Competent Authority. This includes the obligation
to ensure a technically secure trading environment and to sell only
legally permissible goods and services. Businesses must also