Law firm highlights – August 2019
Berkeley Assets has signed a contract with DLA Piper which places the global business law firm in charge of the company’s legal matters as it expands into new markets. The new agreement builds on an already...
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- Hadef & Partners unveils new brand identity
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Middle East & International News
UAE Cabinet approves economic activities eligible for up to 100 per cent foreign ownership
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the sectors and economic activities eligible for up to 100 per cent foreign...
ADGM releases regulatory and governance regime for Robo-Advisors
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued its regulatory framework for Digital Investment Managers (also known as ‘robo-advisors’), operating in ADGM. Digital Investment Managers provide investment management services using...
Clyde & Co to use innovative tool in development of machine learning projects
The firm has entered into an arrangement with Neural Vision Technologies (NVT), an AI company, to assist its Data Lab with the process. Clyde & Co has entered into an arrangement with Neural Vision Technologies (NVT),...
DIFC Courts expand scope of wills services across the UAE
Changes have been made to the rules of wills registrations, which will now accommodate all resident and investor assets across the Emirates, as well as assets held outside the UAE. The DIFC Courts has announced changes...
Dubai International Financial Centre enacts New Insolvency Law
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, enacted on May 30, 2019, a new DIFC Insolvency Law, Law No. 1...
ADGM enhances guidance on regulation of crypto asset activities
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has enhanced its “Guidance for the Regulation of Crypto Asset Activities”. This is the second edition to the initial guidance published in June 2018....
UAE regulates IoT
The Telecommunications Regulatory Authority has published a new policy regulating services and devices associated with the Internet of Things. The UAE Telecommunications Regulatory Authority (TRA) has published a new policy regulating services and devices associated with...
ADGM Courts issue litigation funding rules
The Courts are the first in the region to initiate and enact a comprehensive framework for third party financing of proceedings in the Middle East and Africa. The Abu Dhabi Global Market Courts (“ADGM Courts”), has...
Eversheds Sutherland creates dedicated global innovation team
Andrew McManus and Anusia E. Gillespie will a team dedicated to working with clients to address their most pressing priorities through creative and innovative solutions. Eversheds Sutherland has announced the formation of a global innovation team...
