Health Insurance in the UAE – Capitation Schemes Confirmed Unlawful by the Insurance Authority

The United Arab Emirates (UAE) Insurance Authority (IA) has confirmed that capitation schemes related to the health insurance business in the UAE are unlawful and all IA, authorized and licensed entities must immediately cease the operation of such schemes. Circular No (17) of 2020 for the Cessation of Violating Practices dated 2 June 2020 (the…

DIFC Data Protection Law 2020

The long-awaited revamp of the data protection regime has finally arrived in the DIFC. As one of the first jurisdictions in the Middle East to draft a stand-alone data protection law, the DIFC has always stood on the forefront of ensuring that the best standards of privacy and data protection would be a key building…

Saudi Arabian Labor Law amended to cover COVID-19

The Saudi Arabian Ministry of Human Resources and Social Development (“MHRSD”) has issued several resolutions and directives to deal with the measures taken in relation to employee entitlements during COVID-19. Notably, Article 41 has been inserted in the Implementing Regulation of the Labor Law, which enables the employer and employee – for a period of…

Dubai Court’s Decision No. (10) of 2020 – Virtual department for objections on payment orders established at the Commercial Court

On 13 May 2020, the Commercial Court of Dubai issued Decision No. (10) of 2020 concerning the establishment of a virtual payment order department at the Commercial Court (the Decision), which came into force on 17 May 2020. The Decision created a new limited-jurisdiction department called the Payment-Order Objections Department affiliated to the Commercial Court.…

Insurance Claims Management: Using the Most Appropriate Governing Law & Jurisdiction Clause in Reinsurance Contracts

Regulatory Changes for Insurance Disputes in the United Arab Emirates and the existing Insurance Dispute Committee in the Kingdom of Saudi Arabia BSA are often instructed by the London market for coverage advice pending disputes between cedant and reinsurers. Many of those treaty terms will be governed by the laws of various Middle East jurisdictions…

KSA triples VAT amid COVID-19

The Kingdom of Saudi Arabia has announced that it will increase its VAT rate to 15% with effect from 1 July 2020. This is a result of the pressures upon the KSA economy from the very low oil prices and diminished VAT revenue caused by the COVID-19 emergency measures. The relief measures announced by the…

Electronic Insurance Regulations Issued

The United Arab Emirates (UAE) Insurance Authority recently published the Insurance Authority Board of Directors’ Resolution No. 18 of 2020 on Electronic Insurance Regulations dated 27 April 2020 (“the Regulation”). The first draft of these regulations was published in January 2019, and after public consultation and discussion, a revised draft was published in December 2019,…