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Regulation, Risk & Compliance
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New DIFC Employee Workplace Savings Scheme Proposed
On 17 October the Dubai International Finance Centre issued a consultation paper proposing amendments to its employment laws. The amendments will replace the current defined benefit end-of-service gratuity payment regime. By the proposal, all employers based in the DIFC will pay mandatory contributions into a new DIFC scheme known as…
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Source: Bedell Cristin