Law Firm ILN-telligence Podcast | Episode 74: Ziad Salloum, Salloum & Partners, United Arab Emirates
The UAE has reinforced its commitment to combating financial crime with significant updates to its anti-money laundering (AML) legislation. Federal Decree-Law No. 20/2018, which originally established the framework for...more
The United Arab Emirates (UAE) is taking the plunge into gambling, with the publication of commercial gaming regulations and licensing materials. The good news for interested investors and licensees is that the regulatory and...more
U.S. Bank Launches Blockchain Network, Crypto Bank Gains Securities License - According to recent reports, the largest bank in the U.S. has gone live with its blockchain-based Tokenized Collateral Network (TCN) and...more
The United Arab Emirates has made significant strides in promoting and regulating electronic commerce (e-commerce) to keep pace with technological advancements and foster digital transformation. Two key laws governing...more
Virtual asset is an innovative technology representing value which could be stored, traded, transferred or used as a payment tool in a digital form. Bitcoin, crypto assets, non-fungible tokens (NFTs) are all virtual assets. ...more
The new law establishes the Dubai Virtual Assets Regulatory Authority and identifies activities to be regulated, such as operating virtual asset platforms. On March 11, 2022, Dubai Law No. 4 of 2022 on the Regulation of...more
We previously released a client alert outlining key amendments to the UAE’s Companies Law, which came into effect on June 1, 2021. Most importantly, these amendments eliminated a section of the Companies Law that required 51...more
The Abu Dhabi Global Market’s Guidance clarifies and expands FSRA expectations for OCAB Framework license holders. In June 2018, the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) unveiled a...more