DIFC Proposes Key Legislative Amendments to Enhance its Regulatory Framework
The Dubai International Financial Centre (DIFC), a global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has unveiled a set of proposed amendments to its Employment Law, Trust Law, Foundations Law, and Operating Law. These proposed changes are designed to align DIFC’s legal framework with international best practices and OECD requirements […]
DFSA and UAE’s Financial Intelligence Unit Sign MoU to Strengthen Collaborative Action Against Financial Crime
In a significant move to bolster the fight against financial crime, the Dubai Financial Services Authority (DFSA) and the United Arab Emirates’ Financial Intelligence Unit (UAE FIU) signed a Memorandum of Understanding (MoU) on August 8, 2023. This strategic partnership marks a pivotal step towards enhancing the UAE’s financial regulatory landscape and further strengthening its […]
The Regulation of Advocacy and Legal Professionals in the UAE
The legal profession has always been regulated and lawyers have continuously had the duty to act with within the justice of the law, with integrity, independence, and in the best interests of clients. As the legal profession in the UAE evolves, regulation within the legal profession tightens. Federal Decree-Law No. 34/2022: Regulating the Advocacy and […]
10 top tips for families relocating to the UK for school or university
As a Firm who has been deeply involved in the UAE legal landscape, particularly within the DIFC, we are pleased to shed light on the invaluable insights KBH offers for families returning to the UK. Our commitment to ensuring the welfare of your family, securing your wealth, and safeguarding your business interests has solidified KBH’s […]
AI and Data Protection
Can AI be liable for producing inaccurate content? The rise of generative artificial intelligence (AI), exemplified by tools like ChatGPT, has seen an exponential surge in recent months. ChatGPT employs generative AI technology to process natural language and predict user responses, drawing upon extensive data obtained through web scraping from various online sources. However, this […]
Positioning Dubai as an Ideal Hub for Family Businesses
Dubai, renowned for its business-friendly environment, has made significant strides in becoming a preferred jurisdiction for family businesses. KBH houses seasoned DIFC practitioners. KBH’s legal acumen coupled with Dubai’s commitment to fostering family business growth positions us as the ideal partner for navigating complex family business challenges. Given our recent involvement in a DIFC litigation […]