When Healthcare & Life Sciences Imitate Art

Our first edition of 2022 focuses on Healthcare and Life Sciences. It is a sector that will once again have the spotlight on it this year as we continue to tackle COVID-19 and its subsequent variants. While the pandemic continues to challenge the sector, governments across the region forge ahead with their plans to expand and upgrade healthcare systems and develop robust world-class healthcare infrastructure.

For the region, healthcare is a vital pillar in diversifying its economies, both locally and as medical tourism hubs. To underpin this, healthcare authorities across the region continue to implement frameworks and regulations that provide structure and accountability.

In this edition, you have unique access to great insights and expert commentary on a number of pertinent healthcare regulatory developments. You will find a topical mix of articles; for example, our lawyers discuss vaccines and returning to work during the pandemic. They take you through several other areas, including stem cell research in Bahrain, clinical research laws in Egypt, and Saudi medical device and pharmaceutical laws.

Take a read of the edition

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September 2013
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UAE Ministry of Justice circular: AML/CFT responsibilities of law firms, lawyers & Public Notaries

UAE Ministry of Justice circular: AML/CFT responsibilities of law firms, lawyers & Public Notaries

Ibtissem Lassoued - Partner, Head of Advisory - Financial Crime / Family Business

i.lassoued@tamimi.com

Dubai International Financial Centre

Andrew Hudson

a.hudson@tamimi.com

September 2013

On 21 August 2013, the MoJ distributed Circular No. 2 of 2013 on Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT) Regulations for Lawyers and Other Legal Professionals and Public Notaries dated 11 August 2013 (the ‘Circular’).

The Circular reminds lawyers, other legal professionals and public notaries that they are subject to certain obligations in accordance with:

Federal Law No. 2 of 2002 regarding the criminalization of money laundering (‘AML Law’);
Federal Law No. 1 of 2004 on combating terrorism offences (‘CT Law’); and
Financial Action Task Force (FATF) Recommendations.

Whereas the AML Law and the CT Law do not make specific reference to the obligations imposed on legal professionals, The Circular makes it clear that the obligations under those laws and the Circular apply to lawyers, legal professionals and public notaries in the conduct of the following activities by them:

Transactions in real estate.
Management of client money, securities and other assets.
Management of bank, savings or securities accounts.
Organisation of contributions for the creation, operation or management of companies legal persons or other arrangements, and the buying and selling of business entities.

A key requirement of the Circular is that Senior Management and owners of law firms must ensure that the firm’s policies, procedures, systems and controls appropriately and adequately address the requirements of the AML and CT Laws and the Circular.

This bulletin is intended to bring the Circular to the attention of those persons to whom it applies. If you have any queries regarding the Circular or the areas of law it addresses, please contact Ibtissam Lassoued, Partner, Financial Crime Department at: i.lassoued@tamimi.com and Andrew Hudson at: a.hudson@tamimi.com.