Financial Laws

A Quick Guide to the UAE’s New Insurance Brokerage Laws

Discover the key implications of regulatory changes in the UAE’s insurance brokerage industry in 2024 The Central Bank of the United Arab Emirates (UAE) (Central Bank) has recently implemented the new insurance brokerage regulations vide Circular No. 1/2024 on 25/07/2024 (New Regulation) which will be effective from 15/02/2025 (Effective Date). The New Regulation repeals …

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New Bankruptcy Law in the UAE Explained

Financial Laws / By ohllpadmin

Learn about the new financial restructuring and bankruptcy law in the UAE, which will enter into force on 1st May 2024

Foreign Funds in the UAE: New Regulations Explained

Financial Laws / By ohllpadmin

To support UAE’s economic growth, the Securities and Commodities Authority issued new regulations earlier this year The Securities and Commodities Authority (“SCA”) of the United Arab Emirates (UAE) issued new regulations regarding the promotion of foreign funds in the UAE in January this year, with special focus on the public offering of these funds in the country. …

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Financial Free Zones in the UAE: A Comprehensive Legal Guide for Investors

Financial Laws / By ohllpadmin

Setting up a company in a Financial Free Zone in the UAE? Here’s what you need to know from a legal perspective Financial free zones were set up in the United Arab Emirates (UAE) by the Federal Law No. 8 of 2004, subsequently amended by the Cabinet Resolution No. 48 of 2007 The first law …

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