Introduction to Federal Decree-Law and Federal Law in the UAE The legal framework in the United Arab Emirates (UAE) is characterized by a duality in its regulatory structure, comprising both federal decree-law and federal law. Understanding the fundamental distinctions between these two legal instruments is essential for comprehending the regulatory landscape in the UAE. Federal … Read more
Introduction to Precautionary Attachments Precautionary attachment, a legal mechanism utilized within the UAE’s judicial framework, serves as a critical tool for safeguarding potential claims before a full trial can take place. This process allows a creditor to request the attachment of a debtor’s assets to secure a future judgment, effectively preventing the debtor from disposing … Read more
Introduction to Penalties and Enforcement in Foundations Foundations play a significant role in society, often acting as catalysts for social change, funding various charitable initiatives and supporting community development. These organizations can range from small local charities to large international entities with substantial financial resources. Given their powerful impact, it is vital for foundations to … Read more
Introduction to AML Regulations for DNFBPs Anti-Money Laundering (AML) regulations play a crucial role in the financial and non-financial sectors, particularly for designated non-financial businesses and professions (DNFBPs). The term DNFBPs refers to a variety of sectors including real estate agents, accountants, auditors, notaries, casinos, and dealers in precious metals and stones. These businesses are … Read more
Introduction to JAFZA Companies Rules The Jebel Ali Free Zone Authority (JAFZA) plays a vital role in shaping the economic landscape of the United Arab Emirates (UAE). Established in 1985, JAFZA has quickly evolved into one of the leading free zones in the region, providing an ideal environment for businesses to thrive. Home to over … Read more
Introduction to ADGM Foundations Regulations 2017 The Abu Dhabi Global Market (ADGM) was established as an international financial center in the capital of the United Arab Emirates, aiming to attract foreign investments and foster economic growth. In 2017, the ADGM introduced the Foundations Regulations to create a robust legal framework for the establishment and operation … Read more
Introduction to DFSA AML Rulebook The Dubai Financial Services Authority (DFSA) serves as the regulatory body for the Dubai International Financial Centre (DIFC), a global financial hub that attracts international businesses and financial institutions. Established in 2004, the DFSA is responsible for ensuring a robust regulatory framework that upholds the integrity and transparency of financial … Read more
Introduction to Fujairah Port Authority The Fujairah Port Authority, established in 1985, serves as a pivotal institution in the maritime governance of the United Arab Emirates (UAE). Positioned strategically on the eastern coast of the UAE, Fujairah Port is the only significant port on the country’s eastern seaboard and plays a crucial role in enhancing … Read more
Introduction to Federal Law No. 10 of 1992 Federal Law No. 10 of 1992 serves as a pivotal piece of legislation within the framework of civil and commercial law in numerous jurisdictions. Established to enhance legal standards and practices, this law focuses on the admissibility and evaluation of evidence in civil transactions and commercial activities. … Read more
Introduction to DMCC Company Regulations The Dubai Multi Commodities Centre (DMCC) was established as a strategic initiative to promote trade and business in Dubai. The DMCC Company Regulations, enacted in 2020, serve as a comprehensive framework that governs the establishment and operational processes of companies within its jurisdiction. These regulations were developed with the key … Read more