How has Education in the Middle East and North Africa evolved to keep up with progressive digital and regulatory requirements of the times?
From the rise of AI in the classroom to the strong international interest in the regions education market the sector continues to undergo major transformation.
Our latest Law Update
, titled “Brushstrokes of Law: Painting the Future”, takes a deep dive into these latest developments. In this issue, we explore:
We also feature a special section on our collaboration with the Mawaheb Art Studio, a unique creative space for People of Determination, and the artwork you see through the pages of this edition is a reflection of the students creativity.
The Law Update is a must-read for anyone who is passionate about education, whether you’re a lawyer, educator, policymaker, or investor.Read the full edition
Following its consultation paper 143 on regulation of crypto tokens, the second phase of Dubai Financial Services Authority’s (“DFSA“) crypto token regime has now come in to effect, as of 1 November 2022.
This new regime sets out a regulatory landscape for conduct of financial services in the context of crypto tokens, including, amongst others regulations, around:
Under the new regime the DFSA acknowledges the need to provide transitional arrangements for existing DFSA regulated entities, who have already been engaging in crypto token activities, prior to the formalisation of the regime. Accordingly, it has provided a six (6) month transitional period commencing 1 November 2022. Such transitional arrangement applies only to persons who, before 1 November, were regulated as authorised persons by the DFSA and were carrying on a financial services activity relating to a crypto token, for the continuation of those same activities.
We are equipped to advise potential applicants to understand the regulatory impact of this new regime on their new and / or existing businesses and to the extent required, assist with application process for procuring licenses under the regime.