Articles

UAE & Singapore: Advancing AML/CFT Standards for Financial Integrity

KEY TAKEAWAYS Singapore has introduced new AML/CFT regulations for Market Operators, while the UAE continues to enforce a broader framework covering financial institutions, DNFBPs, and

Corporate Migration into the Free Zones in the UAE: A Strategic Legal Perspective

KEY TAKEAWAYS Migrating businesses must assess the need for a mainland presence, particularly in sectors that require local partnerships or direct market access. Companies should

Stablecoin Frameworks in Queue: The US Approach to Regulating Stablecoin Issuers

Key Takeaways The US has historically regulated stablecoins through fragmented enforcement efforts but is now moving towards dedicated legislation with two new bills: the GENIUS Act

Compliance and Risk Management for Virtual Asset Entities

KEY TAKEAWAYS VASPs must adhere to evolving global regulations under SCA, MiCA and FATF guidelines. Obtaining the necessary licenses is crucial for legal operation and market

Security in Code, Compliance in Law: SCA’s New Era for Tokenised Assets in the UAE

KEY TAKEAWAYS The UAE Securities and Commodities Authority has released draft regulations for security tokens and commodity token contracts, aiming to regulate digital assets and

Tax Considerations: Moving from Canada to the UAE

KEY TAKEAWAYS Canadians relocating to the United Arab Emirates (“UAE”) must carefully assess their global tax obligations and formally establish non-residency in Canada to avoid

UK’s New Staking Approach: Exemption of Crypto Staking from CIS Regulations

KEY TAKEAWAYS The UK Treasury has amended the FSMA to exempt “qualifying crypto asset staking” from CIS regulations, effective 31 January 2025. Staking will no longer be classified as

The Closing Act of 2024: South Korea’s AI Basic Act

Key Takeaways South Korea passed its AI Act, a comprehensive framework for AI regulation, effective January 2026. The Act aligns with the EU AI Act, adopting a similar risk-based

From Chain to Claims: UK to put Crypto in Property Basket

KEY HIGHLIGHTS  The UK Law Commission’s 2024 Property Bill proposes recognising digital assets, such as cryptocurrencies and NFTs, as personal property. The Bill introduces a third

Guarding against Hacks: UAE’s Cybersecurity Regulations Protecting Virtual Asset Companies and Customers

KEY TAKEAWAYS VARA and SCA establish stringent cybersecurity requirements, positioning the country as a global leader in safeguarding virtual asset companies. VARA mandates