In a landmark ruling reinforcing the sanctity of corporate confidentiality, the Abu Dhabi Family, Civil and Administrative Claims Court has mandated that a former employee pay AED 50,000 in compensation to her former employer. The decision follows a legal claim brought by the company after discovering that she had leaked sensitive internal data via her work...
The UAE Ministry of Finance has recently introduced Ministerial Decision No. 173 of 2025, on Depreciation Adjustments for Investment Properties Held at Fair Value- a critical update under Federal Decree-Law No. (47) of 2022 on Corporate Tax. The update brings consistency to the treatment of investment properties. Why this matters? Previously, only property owners...
The UAE’s 2024 economic data marks a pivotal shift in its development trajectory, with non-oil sectors contributing over 75.5% of real GDP — a clear indicator of the country’s accelerated diversification agenda under the “We the UAE 2031” vision. The figures, published by the Federal Competitiveness and Statistics Centre (FCSC), reveal that the UAE’s total...
On 10 April 2025 the Abu Dhabi Global Market (ADGM) Board published the Commercial Licensing Regulations (Exemptions) Order 2025 (“2025 Order”), issued under section 8(1) of the Commercial Licensing Regulations 2015. The new instrument revokes and replaces the 2024 order, tightening the criteria for who may operate in ADGM without holding a commercial licence (en.adgm.thomsonreuters.com). ...
Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) has completed the most far-reaching rewrite of its crypto rules since 2018. A notice published on 10 June 2025 confirms that the Board has enacted a new suite of rules and companion amendments that now sit inside the core ADGM rulebooks.(en.adgm.thomsonreuters.com) The changes are already in...
Abu Dhabi Global Market (ADGM) has enacted a cluster of rule changes this spring that reshape how digital-asset businesses, family offices and exempt vehicles operate on Al Maryah Island. Below is a practitioner-focused tour of the four key instruments now in force. Digital-Asset Framework Overhaul – 10 June 2025 A fresh FSRA announcement details...
The Central Bank of the UAE (CBUAE) is sending an unmistakable message in 2025: robust anti-money-laundering (AML) controls are no longer optional. Since March the regulator has issued a string of record-breaking penalties on exchange houses, bank branches and insurers, pushing the cumulative tally past AED 339 million and ushering in the toughest enforcement climate...
The UAE has introduced a new Federal Media Regulation Law, representing the first significant legislative reform in the country’s media landscape in over 40 years. This reform is a watershed moment for legal professionals, media practitioners, and digital content stakeholders, reflecting the UAE’s commitment to modernizing its regulatory environment in line with technological advancements and...
On 12th May 2025, the Central Bank of the UAE (CBUAE) issued administrative and financial sanctions against five insurance brokers operating in the UAE. The action was taken under Article 14 of Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations. Two of the...
The UAE Ministry of Finance (MoF), in consultation with the Federal Tax Authority (FTA), has issued a significant compliance relief measure in the form of an administrative penalty waiver for businesses and entities that failed to register for Corporate Tax by the required deadline. However, this waiver is conditional—it is only available to registrants who...
