Banking & Finance Archives - Fichte & Co Legal

Green Horizons: UAE Steering the Maritime ESG Transition

Carola Uva — Tue, 24 Feb 2026 06:09:14 +0000

The International Maritime Organization’s (IMO) decision to postpone the formal adoption of its landmark Net-Zero Framework (NZF) until October 2026 has sent a predictable ripple of uncertainty across global shipping. This year’s long delay, driven largely by political resistance to a global emissions pricing mechanism and fuel availability, leaves the sector without a clear international …

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Aviation Finance Heading Into 2026: Global Shifts and UAE Momentum

Bhargavi Gadre — Mon, 22 Dec 2025 09:15:33 +0000

As 2025 draws to a close, the aviation finance landscape looks very different from where it stood just a year ago. Aircraft supply remains constrained, investors are returning to structured transactions, and the UAE is rapidly cementing its place as a regional aviation finance hub. Here’s how these developments are shaping what’s next for 2026, …

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The UAE Aviation Finance Market and the Country’s Role as a Global Aviation Hub

Manik Verma — Thu, 04 Sep 2025 12:40:35 +0000

The United Arab Emirates has established itself as a significant player in the global aviation sector, demonstrating excellence as both a pivotal air transport hub and a leader in the domains of aviation finance and aircraft leasing. Dubai International Airport (DXB) welcomed a record high of 23.4 million passengers in Q1 of 2025, making it …

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UAE makes strides in crypto asset regulation: An analysis of the new UAE Central Bank Regulations on Stablecoins

Dr. Laura Voda — Mon, 29 Jul 2024 05:36:06 +0000

Over the past years, UAE’s resolve to be a leader in the virtual assets space has continued to strengthen. The latest development is the enactment of the Payment Token Services Regulation (the Regulations) issued by the Central Bank of UAE (CBUAE) by way of Circular No. 2/2024, to be effective in June 2025. Corresponding to …

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Introducing Sanadak: UAE’s first Ombudsman Unit for Financial and Insurance Consumer Disputes

Ravi P. Jawani — Thu, 28 Mar 2024 06:00:40 +0000

The UAE has taken a significant step towards enhancing consumer trust and protecting consumer rights with the introduction of the new ombudsman unit, “Sanadak”. This move follows the merger of the UAE Insurance Authority with the Central Bank of the UAE in 2020, forming a unified regulatory body for both insurance and banking sectors. The …

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New Emiratisation Laws – 2% Emiratisation Law and Classification Law

Irma Dzinic — Fri, 26 Aug 2022 05:00:20 +0000

What is Emiratisation? The initiative by the Government of the UAE to increase the number of UAE nationals employed in the private and public sectors is called Emiratisation. The Emiratisation program is an important part of the UAE national agenda and has already been active for more than 10 years. While the results …

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Ship Finance in the UAE

Shehab Mamdouh — Fri, 12 Aug 2022 06:01:40 +0000

As a Civil law jurisdiction, UAE maritime law is derived from the UAE’s Maritime Code (or specifically Federal Law No. 26/1981). Still, the Commercial and Civil Codes govern all maritime financial transactions. The Federal Maritime Authority (FMA) is the Government body responsible for regulating and implementing daily shipping procedures and operating the national ship registry. Since the UAE is …

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Dubai’s Virtual Assets Regulatory Authority – the world’s first regulatory authority to enter the metaverse

Irma Dzinic — Wed, 29 Jun 2022 08:37:20 +0000

The recent announcement that Dubai’s Virtual Assets Regulatory Authority (DVARA) has entered into the metaverse with the establishment of its Metaverse HQ made it the first regulator to have a presence in the emerging digital space. DVARA opened its metaverse-based headquarters in the virtual world ‘The Sandbox’. UAE showed a long time ago that it …

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The Virtual Horizon

Dr. Laura Voda — Tue, 24 May 2022 08:37:20 +0000

Dubai surprised many businesses earlier this year when it issued a new Virtual Assets Law. Dr Laura Voda, Of Counsel at Fichte Legal, examines this law’s most significant provisions and what could be next in this area in the UAE and other parts of the GCC. “Dubai Law No. 4/2022 Regulating Virtual Assets in Dubai, …

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Registration of Security Interests over Movable Property in the UAE

Dr. Laura Voda — Tue, 17 May 2022 03:02:02 +0000

Historically, the practice of creating security in the UAE could be distinguished from common law jurisdictions, with no recognition of floating charges or future assets. There was no comprehensive legislation which mandated the registration of security interests against movable assets. This changed with the introduction of the Federal Law No. 20 of 2016, which is …

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