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ULTIMATE BENEFICIAL OWNERS (UBO) IN THE UAE: KEY LEGAL FRAMEWORK AND COMPLIANCE REQUIREMENTS

In order to enhance transparency in corporate structures by identifying and regulating beneficial owners, prevent money laundering and terrorist financing, strengthen the business environment, and ensure compliance with international standards set by organizations such as the Financial Action Task Force. Cabinet Resolution No. 58 of 2020 UAE Beneficial Owner Procedures took effect on August 28, […]
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WHEN INSOLVENCY MEETS ARBITRATION: A DELICATE BALANCE IN UAE

In UAE, arbitration has long been the preferred mechanism for resolving commercial disputes, for its flexibility, confidentiality, and party autonomy. Yet, when insolvency enters the picture, this autonomy is no longer absolute. The intersection between insolvency and arbitration creates a complexity in law where contractual rights must yield, at least in part, to collective financial […]
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UNDERSTANDING BAIL IN THE UAE: LEGAL FRAMEWORK, CONDITIONS, AND CONSEQUENCES

Bail may be defined as the temporary release of a detained individual during the investigation or trial stage, subject to certain conditions imposed by the authorities. Detention, particularly for individuals accused of non-serious offences, can have a significant and lasting impact on their quality of life, even after the period of custody ends. There are […]
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