From Reuters:Non-Muslims will be allowed to marry, divorce and get joint child custody under civil law in Abu Dhabi according to a new decree issued on Sunday by its ruler, state news agency WAM said.It is the latest step in
ADGM enacts new Data protection Regulations 2021
On 11 February 2021, the Abu Dhabi Global Market (“ADGM”), Abu Dhabi’s financial free zone, enacted the new Data Protection Regulations 2021 (the “Regulations”), replacing the Data Protection Regulations 2015 in their entirety and bringing the ADGM regime closer to
Abu Dhabi Global Market Issues New Data Protection Regulations
On February 14, 2021, the Abu Dhabi Global Market (“ADGM”), one of two significant financial services free zones in the United Arab Emirates, enacted its new Data Protection Regulations 2021 (the “Regulations”). The Regulations will come into force and replace
Full Foreign Ownership in UAE Takes Shape: Abu Dhabi and Dubai Issue First FDI Licenses
Abu Dhabi and Dubai have recently issued their first Foreign direct investment licenses allowing foreign investors to own up to 100% of UAE companies engaged in certain types of activities. Abu Dhabi has also recently adopted its own positive list
CFTC Issues Order of Registration to ICE Futures Abu Dhabi Limited to Permit Trading by Direct Access from the United States
On November 6, the Commodity Futures Trading Commission (CFTC) announced that it had issued an Order of Registration to ICE Futures Abu Dhabi Limited (IFAD), a Foreign Board of Trade (FBOT) incorporated in the Abu Dhabi Global Market and located
INFOSAN members discuss network’s role in food safety
Members of an international food safety network have heard that in the increasingly globalized world, a local outbreak of foodborne illness can rapidly evolve into a global crisis.
The International Food Safety Authorities Network (INFOSAN) is a voluntary network of
Based On The Same Core Conduct Alleged In The 2018 Criminal Action, The SEC Also Brings Enforcement Action Against Former Goldman Executive Tim Leissner
As highlighted in this prior post, in November 2018 the DOJ announced a Foreign Corrupt Practices Act and related enforcement action against Tim Leissner (the former Southeast Asia Chairman at Goldman Sachs) and others associated with Goldman Sachs for
Abu Dhabi Global Market Issues Updated Comprehensive Guidance on Cryptoasset Framework
By Brian Meenagh, and Khaled Alhuneidi.
In June 2018, the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) unveiled a dedicated cryptoasset regulatory framework by way of various amendments to the FSRA’s core regulations – the Financial
MENA’s Pre-Eminent Financial Restructuring Summit Returns to Dubai This September
Dubai: Middle East Global Advisors, a leading financial intelligence platform spearheading the development of knowledge-based economies in the MENASEA markets, will convene The 2nd Annual Corporate Restructuring Summit (CRS 2019) – the MENA region’s pre-eminent Debt Restructuring and NPL-focused Summit, in strategic partnership with
Investors Welcome ADGM’s Guidance on Dedicated Cryptoasset Framework
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 dedicated cryptoasset regulatory framework