UAE Issues Federal Decree-Law No. (6) of 2025 on the Central Bank and Financial Institutions, and Insurance Activities
Banking Disputes
UAE Advances Crypto-Asset Reporting with CARF
Strengthening Global Tax Cooperation The Ministry of Finance (MoF) has confirmed that the UAE has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the OECD’s Crypto-Asset Reporting Framework (CARF). According to the MoF, CARF implementation in the UAE is scheduled to go-live in 2027 and the first exchanges of information
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Dubai Enhances Pre-Litigation Dispute Resolution Framework
Legal Update | Law No. 9 of 2025 Dubai has introduced sweeping reforms to its pre-litigation settlement process, signalling a move toward faster, more efficient dispute resolution. Now in effect, Law No. 9 of 2025 amends key provisions of Law No. 18 of 2021, introducing new procedural powers for the courts and the Centre for Amicable Settlement of
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A Cross-Border Money Laundering and “Deep Fake” Cybercrime Scheme Ends with 10-Year Jail Sentence and Multi-Million Dirham Fines
Alsuwaidi & Company is proud to announce a significant legal victory in a landmark criminal case involving one of the UAE’s most complex cross-border financial crime prosecutions. The case, which spanned several years and jurisdictions, involved criminal activities committed across multiple countries, including the UAE, and encompassed multiple layers of judicial oversight. It sets a
Dubai Court of Cassation Confirms Late Payment Interest is Invalid in Islamic Finance Contracts
Cassation Judgments 595/2025 and 608/2025 | July 2025 The Dubai Court of Cassation has issued a landmark ruling confirming that late payment interest clauses in Islamic finance agreements are unenforceable, regardless of how they are labelled. The judgment reinforces the position that Sharia-compliant finance must fully adhere to Islamic legal principles, including the prohibition on
The Complete Legal Guide to Alsuwaidi & Company – Guide to Litigation & Arbitration in the UAE
The complete Alsuwaidi & Company Legal Guide on Litigation & Arbitration in the UAE is now available. This legal guide was written with the purposes of demystifying dispute resolution in the UAE for those on the ground in the UAE, and those based internationally and who may have interests in the UAE. The complete guide
Financial cybercrime since the COVID-19 Pandemic:
CRIMINALS HAVE BEEN BUSY: The COVID-19 pandemic dominated 2020. Cybercriminals have been busy exploiting vulnerabilities as a result of the pandemic, disrupting companies with remote working becoming a reality. We are all more exposed to cyber fraud due to the inevitable digital dependence, and this has resulted in cases of financial cybercrime being at an
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Alsuwaidi & Company Legal Guides – Guide to Litigation & Arbitration in the UAE Part 1
What do you need to know? Read Part 1 of 3 of the Alsuwaidi & Company Dispute Resolution Guide in the UAE. REad more
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