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Banking & Finance

Financial Regulation

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  • Overview
  • Our Team
  • Hadef & Partners has a highly respected Financial Regulation practice, known for its deep expertise and comprehensive understanding of the UAE's complex regulatory landscape. 

    Our team of experienced lawyers provides strategic advice and support to clients navigating the ever-evolving world of financial regulations, ensuring compliance and mitigating risk. Our Financial Regulation practice is at the forefront of shaping the legal and regulatory framework for the UAE's financial services industry. 

    Our lawyers are actively involved in drafting new laws and regulations, working closely with key regulatory bodies such as the Central Bank, SCA, DFSA, the FSRA of the ADGM and VARA. This involvement allows Hadef & Partners to provide clients with valuable insights into upcoming regulatory changes and their potential impact on business operations. Our team has advised virtual asset providers in relation to the legal and regulatory requirements applicable to the offering and issuance of virtual assets in the UAE. Our Financial Regulation team routinely advises foreign asset and investment managers in relation to the legal and regulatory requirements applicable to the offering and promotion of financial products in or into the UAE, including its free zones. 

    • Dr. Faraj Ahnish

      Founding Partner
    • Dina Mahdi

      Partner, Head of Regulatory & Government Advisory
      Regulatory & Government Advisory
      d.mahdi@hadefpartners.com
    • Catriona McDevitt

      Partner, Head of Banking & Finance
      Banking & Finance
      c.mcdevitt@hadefpartners.com
    • Alan Rodgers

      Partner
      Banking & Finance
      a.rodgers@hadefpartners.com
    • George Anis

      Partner
      Regulatory & Government Advisory
      g.anis@hadefpartners.com
    • Ajai Ramakrishnan

      Senior Counsel
      Banking & Finance
      a.ramakrishnan@hadefpartners.com
    • Howrey Kamal

      Senior Counsel
      Regulatory & Government Advisory
      h.kamal@hadefpartners.com
    • Tanuja Paramasivam

      Senior Counsel
      Regulatory & Government Advisory
      t.paramasivam@hadefpartners.com
    • Aziz Yasin

      Associate
      Banking & Finance
      a.yasin@hadefpartners.com
Key Contacts
  • Catriona McDevitt

    c.mcdevitt@hadefpartners.com
  • Dina Mahdi

    d.mahdi@hadefpartners.com
    Insights

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      Guarantees of commercial debt under the New UAE Civil Code

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      25 Jun 2026

      Hadef & Partners - Banking Half Yearly Update - June 2026

      Welcome to the Banking Half Yearly Update Newsletter – your biannual update of all things legal and regulatory in the banking & finance sector in the UAE.

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      UAE Central Bank Restricts WhatsApp for Banking Communications: Implications for E-Commerce Retailers

      The Central Bank of the United Arab Emirates (CBUAE) has issued regulatory guidance prohibiting licensed banks and financial institutions from using consumer messaging applications, including WhatsApp, for customer-facing financial communications. Although the prohibition is directed at regulated financial institutions, its practical consequences extend considerably further. For e-commerce retailers operating in the UAE, many of whom have embedded WhatsApp into the core of their sales and customer engagement models, the implications are immediate and require careful attention.

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