Content Types: ArticleRegions & Countries: EuropeUnited Arab Emirates...Industries: Information TechnologyServices: Legal
The European Court of Justice’s recent “Schrems II” decision (case C-311/18) has attracted a lot of attention in data protection circles. One of the key outcomes of the decision is that it removes one of the grounds upon which European entities could legitimately transfer personal data to certain entities in the United States.
Content Types: ArticleRegions & Countries: United Arab EmiratesIndustries: Banking & FinanceServices: Legal
Reverberations that bounced around critical circles following the publication of the Financial Action Task Force (‘FATF’) Mutual Evaluation Report (‘Report’) on the United Arab Emirates’ (‘UAE’) sounded clear alarm bells for proponents of the UAE’s legal system. Despite the actions of the authorities and stakeholders to intensify the national Anti-Money Laundering and Counter Terrorism Financing (‘AML/CTF’) framework, critics of the UAE were...
Content Types: ArticleRegions & Countries: Saudi ArabiaIndustries: All
Saudi Arabia is undergoing significant reform, orientated at galvanising the country through its process of large scale regeneration and modernisation as the authorities pursue their strategic vision to move the Kingdom away from its historical reliance on oil.
The corporate structuring environment in Jordan currently does not utilise any online platforms for conducting general ‘bread and butter’ activities such as incorporation of entities or depositing agreements and documents at the Ministry of Industry, Trade and Supply. Therefore, most matters which involve a governmental authority require the physical presence of someone who can submit hard copies of all the necessary documentation.