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 … Read more

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 … Read more

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 … Read more

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 … Read more

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 … Read more