UAE banking and finance updates from CBUAE, SCA, DFSA and FSRA — covering capital adequacy, consumer protection, payment systems, Islamic finance, fund formation and licensing of financial activities.
The law establishes a Financial Intelligence Unit to collect and analyze financial data, and requires certain businesses to report suspicious transactions. It also provides for international cooperation to combat these crimes.
The UAE has issued a new civil transactions law, which will come into effect on 1 June 2026. This law aims to regulate civil transactions in the UAE, including contracts, obligations, and property rights.
The UAE has issued a new law to protect children from digital risks and harmful content. The law aims to enhance child digital safety and promote responsible use of modern technologies. It establishes a governance framework and defines the
The UAE has issued a new federal decree regulating the Central Bank, financial institutions, and insurance companies. The decree aims to enhance the stability and security of the financial sector. It covers various aspects, including moneta
The decree also establishes a framework for the regulation of veterinary medical products, including vaccines, biological products, and complementary products. It requires establishments to obtain licenses and follow good practices in manuf
The UAE has introduced a new federal decree to regulate the industrial and medical uses of industrial hemp. The decree aims to develop and promote the cultivation of industrial hemp, regulate a new economic sector, and provide safer and hig
The UAE has introduced a new law to govern and manage Zakat collection and distribution. The law aims to ensure that Zakat is delivered to eligible categories and that its collection and distribution are carried out in a transparent and eff
