Companies in violation of UBO Regulations may face up to AED 100,000 fine
The Federal Cabinet issued the Cabinet Resolution No 58/2020 (the “UBO Regulations“) last year. The…
Family Business Regulations in the UAE
A family business is any business in which two or more members of the same…
How the new Consumer Protection Regulations impact insureds
The laws around consumer protection in the UAE are continuously evolving and on 25 November…
Publications
Pay-when-paid clause can be defeated
Written by Antonios Dimitracopoulos for MEP Middle East The often-dreaded pay-when-paid clause in subcontracts has deterred…
The end of the GCC Patent: what next?
The end of the GCC Patent: what next? Partner & Head of Intellectual Property Munir Suboh and…
Saudi Central Bank Launches Open Banking Initiative
The Saudi Central Bank (SAMA) is launching a new initiative – Open Banking – that…
Insights
Economic Substance Report filing reminder
Economic Substance Report – ESR 2020 filing reminder In accordance with Cabinet Resolution No. 57…
Legal Brief
UAE amends criminal sanctions involving bounced cheques The On 26 October 2020, the UAE Cabinet approved…
Bankruptcy Law Update
Bankruptcy Law Update Additional Debtor Relief Options Announced “On 21 October 2020, the Cabinet of…
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