We are delighted to have authored the UAE Chapter for Administrative & Public Law 2024 on behalf of Lexology Panoramic (formerly Getting the Deal Through).
Our chapter examines constitutional law in the UAE, covering sources, creation and amendment. It analyses the integration of international law into the domestic legal system, judicial review of legislations and administrative decisions, and public procurement laws.
Contributor from Senior Counsel George Anis.
The UAE Ministry of Finance (MoF) has released Ministerial Decision No. 261 of 2024 (MD261) on Unincorporated Partnerships, Foreign Partnerships and Family Foundations. MD261 repeals Ministerial Decision No. 127 of 2023 and is enacted with retrospective effect from 1 June 2023.
Lenders in the UAE face significant risk when a property owner’s title is annulled or deemed defective, potentially rendering mortgages invalid. This article explores the legal challenges, including the implications of Articles 1401(1) and 1402 of the UAE Civil Code, and provides recommendations for mitigating the risk.
The amendments predominantly concern the establishment of two AML/CTF committees. In this article, Natalie Scott, Senior Counsel, Regulatory & Government Advisory, examines how these Committees build on existing AML committees and further enhance their powers and functions.