Middle East & International News

Middle East & International News
TO-June-2020-News1

Key considerations for property insurance policies during COVID-19

According to a new report by Marsh, evaluating property insurance policies during the outbreak of COVID-19 will allow businesses to upscale their resilience and recovery opportunities; putting them ahead of their competitors post the current crisis....

TO-June-2020-News-4

ADGM makes changes to its Founding Law

Abu Dhabi Global Market announced amendments to its founding law, Abu Dhabi Law No. (4) of 2013 Concerning Abu Dhabi Global Market (Founding Law). The amendments reflect not only the alignment of ADGM’s framework and operations...

the-oath-february-2020-News-2

CBUAE, ADGM and DIFC issue a joint guidance on the application of IFRS9

The Central Bank of the UAE (CBUAE), the Financial Services Regulatory Authority (“FSRA”) of Abu Dhabi Global Market (“ADGM”) and the Dubai Financial Services Authority (“DFSA”) of Dubai International Financial Centre (“DIFC”), collectively the “Authorities”, have...

the-oath-november-2018-News-4

DFSA takes measures to support its financial community

The DFSA has announced a number of initiatives aimed to provide significant assistance and regulatory relief to the DIFC’s financial services community. These initiatives are designed to allow the DIFC community to focus on protecting the...

the-Oath-April-2020-News-2

Obelisk report: Rethinking the in-house model

General counsel will need to rethink the way they organise their teams after the coronavirus crisis subsides to ensure they have a flexible and sustainable working culture, a report by Obelisk Support has warned. It says...

FSRA updates its Virtual Asset regulatory framework

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the enactment of various amendments to the FSRA’s regulations and rules concerning the authorisation and supervision of virtual asset (previously crypto asset) related...

NBB offer to acquire BISB

NBB announced the results of its offer to acquire up to 100 per cent of the paid up ordinary shares of BisB. Acceptances were received in respect of 529,424,282 ordinary shares of BisB which, on completion...

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