Legal, Tax, Regulation & Compliance

02/10/2016

Dispute resolution developments in Abu Dhabi

The forum also examined the newly opened Abu Dhabi Global Market in the context of its future potential for dispute resolution in the Emirate through arbitration.

02/07/2016

NAJIB'S Arabian Nightmare Begins

In Saudi Arabia, Foreign Minister Adel al-Jubeir said that he accepted the attorney general’s opinion that there had been no wrongdoing, but he also said that he did not think that the money had come from the Saudi government or that it was a politi

02/07/2016

Rising from the ashes? The UAE's insolvency dilemma

It is for these reasons, and more, that the UAE government has yet to ratify a new bankruptcy law that would enable companies to adopt and implement a recovery strategy under the supervision of the courts.

02/07/2016

International law firm in new ME Association

‘business as usual for our clients while this new arrangement is being put in place’, which is expected to be towards the end of the first quarter or early in the second quarter of the year.

02/07/2016

Global law firm closes down Abu Dhabi office

The office will now close down completely following "a detailed review" which may have just been made up of press clippings of other international firms to pull out of the UAE capital recently.

02/07/2016

Qatar: Draft Free Zones Law Approved

The Economic Zones Company will be granted a 50-year concession from the date of the law being issued and will be solely responsible for the management, development, operation and maintenance of the zone and zones associated with projects the state assign

02/07/2016

QFC to be integrated with QCB and SJC

We are creating a better regulatory environment by integrating the QFC Regulatory Authority with the QCB , which means there will be common areas of regulation between both the entities

02/05/2016

Barclays to hand Qatar deal papers to the SFO

The bank had argued that it should not give up the documents, claiming they contained legal advice protected by lawyer-client privilege and that handing them over would set a dangerous precedent about what companies could expect to keep confidential.

02/04/2016

Bonus reviews for UAE compliance sector

Morgan McKinley has researched average bonus payouts in 2015 for senior compliance staff across Central Bank regulated firms, DFSA and ESCA regulated entities, local, international and Islamic banks as well as private banking and brokerage firms.