DIFC Archives - Fichte & Co Legal

Special Purpose Vehicles (“SPVs”) in ADGM And DIFC: A Focus on the Recent Amendments to the “Nexus Requirement”

Carola Uva — Mon, 28 Oct 2024 10:42:27 +0000

The incorporation of Special Purpose Vehicles (“SPVs”) has gained importance in the financial hub of the UAE, specifically within the Abu Dhabi Global Market (“ADGM”) and the Dubai International Financial Centre (“DIFC”). Recent regulatory changes in both jurisdictions have been introduced to simplify the setup process of SPVs and to establish a stronger connection with …

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Fichte and Co appoints Dr Laura Voda as Partner, strengthening its position in the thriving UAE legal landscape

Chiara De Maria — Tue, 25 Apr 2023 16:00:20 +0000

As the UAE continues to establish itself as an ideal hub for business, the need for reliable legal services continues to grow exponentially. With an increasing number of international companies setting up their operations in the country, navigating the local legal landscape can be complex and challenging. As a result, businesses operating in the nation …

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DIFC: Proposed updates to data transfer guidance materials

Dr. Laura Voda — Wed, 27 Jul 2022 03:00:20 +0000

In light of the global developments around data protection, specifically on the cross-border transfer of data, the Dubai International Financial Centre (‘DIFC’) seeks to provide enhanced tools to equip businesses and ensure compliance with both the DIFC, as well as international standards. Being a global business hub, the DIFC is home to international players that …

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Fichte & Co relocates to a bigger and better office in the heart of the Emirate

Chiara De Maria — Tue, 19 Jul 2022 07:00:20 +0000

The relocation in line with the firm’s commitment to constantly evolve and improve in order to serve its clients better. Dubai – United Arab Emirates –07 of July, 2022: Fichte & Co Legal, one of the UAE’s leading law firms, has relocated to a bigger, brighter, and more creative office, as part of the company’s …

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Demystifying The Financial Regulatory Landscape In The UAE

Fichte Legal — Sun, 03 Jun 2018 04:24:34 +0000

Navigating the financial regulatory landscape of a country can be daunting. The myriad of regulators and regulations can make you feel stuck in a grey area – not a comfortable place for someone who wants black and white. This article seeks to answer some of the most asked questions of the financial regulatory system in …

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UAE’s Federal National Council Approves The New Arbitration Law

Fichte Legal — Tue, 06 Mar 2018 10:28:54 +0000

Lawyers have welcomed the UAE’s approval of a draft law on arbitration, a fast-growing method of settling disputes out of court, saying it would provide increased confidence to investors bringing cases in the Emirates. “Today’s business world is always evolving and an effective dispute resolution system is paramount to securing investor trust,” said Habib Al …

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A Comparison: Emirates Maritime Arbitration Centre and DIFC-LCIA Arbitration Centre

Alessandro Tricoli — Sun, 21 Jan 2018 10:06:32 +0000

Approximately 10 years after the establishment of the DIFC-LCIA Arbitration Centre (“DIFC-LCIA”), the Emirates Maritime Arbitration Centre (“EMAC”) was officially launched. Like arbitrations conducted under the auspices of the London Maritime Arbitrators Association and the Singapore Chamber of Maritime Arbitration, the establishment of the EMAC is symbolic of the UAE’s continued endeavor to keep pace …

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New MoU between Dubai Land Department and Dubai International Financial Centre

Fichte Legal — Sun, 05 Nov 2017 05:38:14 +0000

The Dubai Land Department (DLD) and the Dubai International Financial Centre (DIFC) entered into a Memorandum of Understanding (MOU) on May 4th 2017, allowing DIFC registered entities to purchase properties and register their properties with the DLD. The MOU stipulates certain “eligible entities” in the DIFC which can own property in Dubai. This covers companies, …

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Onshore License For DIFC Free Zone Companies To Operate Across Dubai

Fichte Legal — Tue, 11 Jul 2017 02:02:09 +0000

The Dubai International Financial Centre (“DIFC”), a leading financial free zone in the UAE, issued a press release (“Press Release”), on 1 May 2017, stating that it has entered into a memorandum of understanding (“MoU”) with the Dubai Economy, the registration authority for onshore companies in Dubai, to allow companies operating within the DIFC to …

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Fichte contributes to “Commercial Litigation” book

Fichte Legal — Tue, 28 Mar 2017 09:04:10 +0000

In 2015, Fichte & Co authored the UAE and DIFC chapter of the Commercial Litigation – International Series. Managing Partner Jasmin Fichte and Partner Alessandro Tricoli covered all aspects of commercial litigation from court structure and pre-action to enforcement. Complete the form below to download the complete chapter. Or contact us to ask for a …

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