What you need to know about IP laws in the GCC

Posted on Dec 5, 2013 in UAE Law and Business

Protecting and monitoring intellectual property (IP) is challenging almost anywhere in the world, but it is particularly challenging within the Gulf Cooperation Council (GCC) countries. Currently, a patchwork of laws attempts to address technological advances and the differing needs of producers, owners and users of intellectual property. Yet, despite a host of IP laws in […]

Venezuela’s Black Currency Exchange Market: Reasons and Risks

Venezuela’s Black Currency Exchange Market: Reasons and Risks

The Venezuelan financial system is completely isolated from the rest of the world. The exchange control system in Venezuela prohibits making any kind of payment between a bank account abroad and one inside the country, or to use local credit cards abroad or online without the approval from the Commission of Foreign Exchange Administration. As […]

Avoiding Investment Scams

Every year, people lose millions of dollars to scams of every size and kind. Investment scams are particularly dangerous because they come in many forms, from an unexpected phone call to a message through an online professional network, and the creativity of a scammer has no boundaries. Scammers will typically operate from overseas or offer […]

Revocation of Non-Immigrant US Visa

Posted on May 8, 2013 in Emirates-U.S.A, UAE Law and Business
Revocation of Non-Immigrant US Visa

Imagine you are the holder of a non-immigrant US visa. Then, you receive a notice from the US Consulate that your visa has been revoked and that you must visit the US Consulate so that your visa can be physically cancelled. You are also told that you can no longer use your visa and travel […]

Strategies To Safeguard Intellectual Property Rights In New Markets

In today’s competitive global marketplace, products and technologies are being developed at an extraordinary rate, resulting in numerous challenges to intellectual property (IP) protection in new markets. As a result, protection of IP assets has never been more important to businesses. It is therefore important to develop effective strategies to protect IP rights, not only […]

Cross-Border Child Custody Disputes On The Rise

Posted on Dec 11, 2012 in Emirates-U.S.A, UAE Law and Business

In the UAE, there are more than 200 nationalities of various ethnic backgrounds, many of whom live with their families in the country. As the expatriate population expands, marital and child custody disputes issues are on the rise in the UAE. Likewise, child abduction cases have also increased in the country. There are several instances […]

Outsourcing of AML Compliance: How Far Can A Financial Institution Go?

Posted on Oct 10, 2012 in UAE Law and Business

Several banking giants, such as HSBC and Standard Chartered are currently being investigated by US regulators for alleged anti-money laundering failings. What is the reason for these failures by these large banks? All fingers are being pointed to lapses involving outsourcing units which are operating without adequate oversight by these banks. Due to these scandals, […]