Israel and the UAE - Key Takeaways from the Federal Decree-Law No. 4 of 2020

The UAE Israeli Boycott Repeal Law now allows individuals and companies in the UAE to enter into agreements with Israeli firms, citizens, and residents, as part of commercial, financial operations or dealings. Read about the key takeaways here.

CCL Regulatory Update: UK Edition - October 2020

This edition includes -FCA Further Extends and Amends Temporary Measures for Depreciation Notification, FCA Policy Statement on Extending the Certification Regime and Conduct Rules, ESMA Updates Statements on the Impact of Brexit on MiFID II/MiFIR, FCA Fines ARCM for Breaches of Short Selling Disclosure Rules.

CCL Regulatory Update: Middle East Edition - October 2020

This edition includes - DIFC Becomes Region’s First Fully Accredited Member of Global Privacy Assembly, ADGM Publishes Consultation Paper on Amendments to Application of English Law Regulations 2015, UAE Merges Insurance Authority with Central Bank, FATF Issues Update to “The FATF Recommendations”, Goldman Sachs International Fined £96.6m for Risk Management Failures in Connection with 1MDB.

CCL Regulatory Update: Middle East Edition - September 2020

This edition includes - DFSA Issues a Dear SEO Letter and a Markets Brief on the Transition From IBOR, ADGM Begins Public Consultation on Proposed Electronic Transactions Regulations, FSB RCG MENA Group Discusses the Economic and Financial Market Development, UAE Issues Cabinet Decision Concerning Economic Substance Requirements.

CCL Regulatory Update: UK Edition - September 2020

This edition includes -FCA Extends Deadline to Publish Fund Reports and Accounts, First Firms to Move to New Data Collection Platform, RegData, PRA Letter on the Operational Readiness of the Temporary Permissions Regime, FCA Publicly Censures Former CEO for Market Misconduct.

CCL Regulatory Update: UK Edition - August 2020

This edition includes - FCA Updates on Firm Handling of Complaints During COVID-19, FCA Consults on Extension of Annual Financial Crime Reporting Obligation, Wolfsberg Group Publishes Statement on Developing an Effective AML/CTF Programme.

CCL Regulatory Update: Middle East Edition - August 2020

This edition includes - DIFC Issues Amendments to the Common Reporting Standard Law and Regulations, ADGM and Sunline Collaborate on the Development of FinTech Solutions in the Digital Lab, IOSCO Examines the Evolution of Liquidity Provision in Equity Securities Markets, High Court Orders Illegal Pension Introducers to Pay £10,715,000 Restitution to Consumers.

DIFC Data Protection Law – What you should do now

The DIFC Data Protection Law 2020 (“DPL”) will be in full force on 1st October 2020 following its enactment on...

CCL Regulatory Update: UK Edition - July 2020

This edition includes - FCA Consults on Extending Deadline for Certification Regime and Conduct Rules, PRA Revised Version of Complaints Scheme, HM Treasury Proposes to Strengthen Rules on Financial Promotions, HM Treasury Consults on Economic Levy.

CCL Regulatory Update: Middle East Edition - July 2020

This edition includes - DFSA’s 2020 Summer Innovation Testing Licence Programme Update, CBUAE and ADGM Invite Applications for the 2020 Innovation Challenge, SCA Embarks on a Project to Restructure the Legislative System for Broker Classification, 12 Month Review of Revised FATF Standards - Virtual Assets and VASPs, Hong Kong Regulator Imposes $25.2M Fine on Guotai Junan Securities.

Knowledge Series - Reviewing your Compliance Controls Post Lockdown

Whilst the world continues to adapt to the ongoing COVID-19 pandemic, Compliance Officers and MLROs must continue to remain vigilant to areas of risk. This download provides you with guidance on how to evaluate your current control environment, suggests additional risks you should be aware of and gives you details of the actions you can take to update and enhance your control environment.

Regulatory Insight: The New DIFC Data Protection Law vs the GDPR

The DIFC are front runners in the region when it comes to the proposal to introduce data protection laws more aligned with the GDPR and ultimately, this is the way that things are going to progress. Whether you are a firm in the DIFC or elsewhere in the region, it is best to take the proposed legislation on board now rather than later.