New UAE Funds Regulation and its Effect on Insurers

New UAE Funds Regulation and its Effect on Insurers In June 2016, the UAE Securities and Commodities Authority (the “Authority”) issued Authority Chairman Resolution No. (9/R.M) of 2016 Concerning the Regulation of Mutual Funds (the “Regulation”), which will become effective upon publication in the Official Gazette. Authority Chairman Resolution No. (10/R.M) of 2016 has also…

Key legal aspects of real estate

Speaker at a workshop organised by Dubai Chamber. Held at Dubai Chamber (main office), on 16 August 2016. Topic: Key legal aspects of real estate Speaker: John Peacock, Senior Associate The topics of discussion included: Legal issues surrounding real estate ownership & transfer Structuring Real estate ownership in the UAE. The workshop was featured in the…

B-2-B Dispute Resolution

For some while, the Dubai Department of Economic Development (DED) has had a Commercial Control and Consumer Protection Department (CCCPD), dealing with consumer disputes. However, it has recently set up a new sub-department, called the Business Protection Department (BPD) which will function as a local commercial dispute-resolution and settlement body. In the past, there were numerous disputes among businesses and professionals in Dubai but although…