Newsletter
New Federal Laws Bring Major Changes to UAE Capital Markets. The UAE has introduced a significant overhaul of its capital markets framework through the issuance of Federal Decree - Law…
Securities and Exchange Board of India (“SEBI”) issues Compliance reporting formats for Specialized Investment Funds (“SIFs”) . SEBI vide circular no. HO/24/13/12(4)2025-IMD-POD-1/I/2062/2026 dated 08.01.2026, issued compliance reporting formats for SIFs…
Parliament Passes the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025. On 17.12.2025, the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 has been passed by…
UAE Ministry of Finance (“MoF”) Introduces Reverse-Charge VAT Mechanism for Scrap Metal Trading. The UAE MoF has issued a Cabinet Decision No. 153 of 2025, regarding the application of the…
Ministry of Electronics and Information Technology (“MEITY”) notifies Digital Personal Data Protection (“DPDP”) Rules, enforcement timelines and formation of the Board. On 14.11.2025, the MEITY notified the Digital Personal Data…
Central Bank of the UAE (“CBUAE”) Introduces Criminal Penalties for Unlicensed Financial Activity The UAE has introduced Federal-Decree Law No. 6 of 2025 regarding the CBUAE’s Regulation of Financial Institutions…
Ministry of Electronics and Information Technology (“MEITY”) releases Draft Promotion and Regulation of Online Gaming Rules, 2025. The MEITY has released the Draft Promotion and Regulation of Online Gaming Rules,…
UAE enacts New Anti-Money Laundering (“AML”) Regime under Federal Decree-Law No. 10 of 2025. UAE enacts Federal Decree-Law No. 10 of 2025 on Anti-Money Laundering, Combating the Financing of Terrorism…
Government of India launches Goods and Services Tax Appellate Tribunal (“GSTAT”) to strengthen the institutional framework for indirect tax dispute resolution in the country. The Union Finance Minister formally launched…
UAE Federal Tax Authority (“FTA”) Issues Public Clarifications on Corporate Tax Treatment of Family Wealth Management Structures. On 19.09.2025, the UAE’s FTA released a public clarification (CTP008) regarding the corporate…