
Strengthening AML and CFT Compliance in Dubai: A Closer Look at Education and Enforcement
Dubai has emerged as a regional leader in combating financial crimes, bolstering its anti-money laundering (AML) and counter-financing of...

Exploring Aviation Finance Law in the UAE: Legislation, Companies, and Growth
Aviation finance law in the United Arab Emirates (UAE) plays a crucial role in the country's thriving aviation sector. One of the key...

Understanding the Domestic Minimum Top-Up Tax (DMTT) in the UAE: A Key Component of Global Tax Reforms
The UAE has introduced a significant tax reform under the framework of the OECD's Base Erosion and Profit Shifting (BEPS) 2.0 initiative....

The Role of World-Check Database in Banking Compliance
When evaluating whether to establish a financial relationship with an individual or a corporation, banks increasingly rely on the...

CFO To-Do List for 2024: What We shall prepare For
Work with several banks at the same time In the early 2000s, it was normal for a company to have several accounts in a dozen banks. At...

“Epochal Change”: What if High Rates Persist for Decades
Interest rates in a number of countries have risen sharply in recent years. Analysts believe that they will remain high for many more...

The Advantages and Challenges of Mobile Payment Systems in the UAE
In recent years, mobile payment systems have become increasingly popular worldwide, revolutionizing the way transactions are conducted....

Growing Dominance of Technology on UAE’s Financial Sector
The financial sector the world over and specifically in the UAE is being transformed by trends like crypto, web3, and blockchain. The...

Impact of Digital Currency on Domestic and Cross Border Trade in the UAE
Central Bank Digital Currency (CBDC) or digital currency issued by the public sector is gaining worldwide traction. Their popularity can...

Questions and Answers: Ship Mortgages and Liens in United Arab Emirates
Types of Ship Mortgage What types of ship mortgages exist and what obligations may a ship mortgage secure? Can contingent obligations,...

New Guidance on The Risks Relating to Payments.
On August 1, 2022, the UAE Central Bank issued the Guidance for Licensed Financial Institutions on the Risks Relating to Payments. The...

Bank of Israel Issues Circular on Banking Transactions with UAE
Following the execution of the Abraham Accords Peace agreement between the UAE and Israel in September, which also made reference to the...












