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 Then, you receive a notice from the US Consulate that your visa has been revoked and that you must visit the US Consulate so that your visa can be physically cancelled.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 […]

New Competition Law In The UAE

In an effort to create a more business-friendly environment in the UAE, the government has drawn up a new “competition” law to be enacted in the near future. Complying with the new law poses some challenges for businesses despite its aim to protect businesses and consumers from anti-competitive behavior, stimulate effective competition, and deliver open, […]

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, […]

Anti-Money Laundering: A Guide For UAE Companies

Posted on Jul 16, 2012 in Emirates-Middle East

Put simply, money laundering involves concealing the identity of illegally obtained money so that it appears to have come from a legal source. The UAE Central Bank has defined money laundering as “any transaction aimed at concealing or changing the identity of illegally obtained money, so that it appears to have originated from legitimate sources, […]

Tackling Internal Fraud: Weeding Out The Enemy Within

Posted on Jul 1, 2012 in UAE Law and Business

Law360, New York (June 25, 2012, 1:13 PM ET) — Advancements in technology have made fraudulent schemes easier to perpetrate, and have allowed criminal activity to expand in both quantity and nature. Today, corporate fraud is limited only by the creativity of the perpetrator. The most obvious effect of internal fraud is damage to a […]

Directors’ Duties in the UAE

Posted on Jun 21, 2012 in UAE Law and Business

Those who are asked to serve as directors of companies need to be aware of their duties and responsibilities in the legal context. This is particularly relevant given recent decisions which have highlighted the consequences of breaching the duties that directors owe to their companies. The leading principle as to a director’s duties in the […]