The Financial Services Edition - Al Tamimi & Company

Law Update Magazine #384

The Financial Services Issue

In This Issue

Virtual Asset Regulation in the UAE: A New Phase of Market Maturity

10 min 53 sec

Adequate Securities Under the 2025 Banking Law: Recent Abu Dhabi Judgments

3 min 31 sec

The CBUAE’s Resolution Powers Under the New Banking Law: Practical Considerations for Financial Institutions

2 min 43 sec

Transformation of the UAE’s Capital Markets: A Modern Regulatory Framework

7 min 6 sec

The UAE Capital Market Authority’s New ATS Framework: A Landmark for Onshore Capital Markets Regulation

10 min 5 sec

Qatar Tax Update: Court Clarifies Deductibility of Branch Service Fees

4 min 45 sec

When Lending Becomes Laundering: Loan-Back Schemes, Shell Banks, and Iraq’s Regulatory Response

5 min 12 sec

Raising the Bar: How the UAE Is Redefining SME Banking Protection

5 min 13 sec

A Broader Perimeter: The UAE’s New Dormant Accounts and Unclaimed Funds Regulation

4 min 40 sec

The New Banking Law: The UAE’s Most Significant Financial Regulatory Reform in a Decade

6 min 0 sec

Proposed Regulatory Enhancements to the ADGM’s Funds Framework

6 min 7 sec

Taking Security over POS Receivables in the UAE

5 min 56 sec

Private Wealth Meets Flexible Capital: What Is A VCC?

3 min 41 sec

Before the Music Stops: Clawback Risk and the Suspect Period under Saudi Bankruptcy Law- What Boards and Lenders Need to Know

7 min 56 sec

KSA’s Capital Market Authority Issues Cross-Border Passporting Guide for Investment Funds: Key Takeaways for GCC Fund Managers

4 min 16 sec

Medical Negligence and Vicarious Liability in the UAE: A Case Study of Dubai Court of Cassation Judgment No. 377 of 2025

On 28 August 2025, the Dubai Court of Cassation issued Judgment No. 377 of 2025, a landmark ruling addressing several...

Doctrines of Exceptional Circumstances and Force Majeure: Overview of Judgments in Egypt

The recent escalation of the conflict in the Middle East has had a profound impact on global supply chains, shipping...

Security Interests Upheld: Dubai Court Affirms Enforceability of Lease-Assignment Agreements as Bank Collateral

In an important ruling delivered on 28 January 2026, the Dubai Court of Cassation affirmed the validity and enforceability of...

ADGM records asset management, licensing and workforce growth in 2025

ADGM recorded 12,671 active licences by end 2025, representing a 30% year on year increase, positioning ADGM as the largest international financial centre in the Middle East and Africa by number of active licences.

30%

ADGM celebrates decade of operations with 36% surge in Assets Under Management

The FSRA issued a total of 120 In-Principle Approvals in 2025, up almost 32% year-on-year, while 94 new Financial Services Permissions were secured. By the end of the year, 347 financial institutions were based in ADGM, with 80 of those newly licensed in 2025.

32%

ADGM Celebrates Decade of Operations With 36% Surge in AUM, 51% Increase in Workforce and Over 12,000 Licences in 2025

Nearly 3,500 businesses were operational within ADGM by end of 2025, a 40% jump from 2024.

40%

Firmwide Articles

The KSA’s Insurance Regulatory Sandbox: A New Gateway for Innovation

This article explores how Saudi Arabia’s new Insurance Regulatory Sandbox Framework (Insurance Lab), introduced by the Insurance Authority, is supporting innovation in the insurance sector by allowing companies to test.

Force Majeure: An Iraq perspective

This article examines force majeure under Iraqi law, including its legal requirements, effects, scope, and the burden of proof and judicial interpretation.

Iraq Quality Mark – New Export Requirement

This article examines the significant transformation of Iraq's product quality control regime in 2024, focusing on the Iraqi Quality Mark administered by the Central Organisation for Standardisation and Quality Control.

The UAE’s SME Consumer Protection Rules: Impact on Insurers and Intermediaries

The Central Bank of the UAE has issued the Small and Medium-Sized Enterprises (SME) Consumer Protection Regulation under Circular No. 2 of 2026 (the Regulation), which comes into force on.

The KSA’s Underwriting Licensing Requirements: Key Implications for the Insurance Market

The Saudi insurance industry is continuing to change rapidly, and this is evident in the new way that it is being organised and regulated.

AI in Insurance: CBUAE Sets Expectations for Responsible Use

Artificial intelligence is rapidly reshaping how insurers underwrite risk, assess claims, engage with customers, and distribute products. In the UAE, however, its adoption now carries a clear and evolving regulatory.

Meet the Team

Tim Meredith Chief Marketing Officer

Danny Crouch Head of Marketing & Communications

Shahida Khalid Head of Business Development

Abisola Babatunde Business Development Manager

Hadi Ayedh PR and Communications Manager

Lamya Alazdi Marketing Communications Specialist

Malavika Shiv Marketing Communications Advisor

Hannah Donnan Digital & Social Media Marketing Manager

Marwa Elfaki Senior Digital Media Executive

Shriya Sanjeev Senior Brand Manager

Anas Mansour Senior Graphic Designer

Saif Zulfiqar Digital Designer & Artist

Zeina Makarem Regional Marketing Manager

Mahmoud Kotb Regional Marketing Specialist

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