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NFTs - Country Focus: India People don’t understand NFTs, Metaverse, and crypto today the same way they didn’t understand online shopping in the 1995” - Anuj Jasani The Indian economy is considered to be one of the largest economies in the world. It is considered that to have grown by 10%…
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The Amendments to UAE Trademark Law The ideal trademark is one that is pushed to its utmost limits in terms of abstraction and ambiguity, yet is still readable. - Saul Bass The UAE has a well-defined law to protect the Intellectual property rights of a business including its brand, business…
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Force Majeure Events and Contract Clauses in the GCC Force Majeure is a French word that means a greater force in English. It is connected to the concept of the Act of God, where there is an unexpected happening of event. Although, Force Majeure is an exception as it includes not…
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Recent Update to Hong Kong’s Listing Rules The Stock Exchange of Hong Kong Ltd. published a consultation paper on reviewing the Corporate Governance Code and Related Listing Rules in April 2021. The primary focus of the consultation paper was to instil changes in the mindset of an issuer's board, incentivize…
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The impact of Pandora papers Pandora paper is a journalistic investigation based on a major leak of about 12 million archives revealing the uncovered wealth, illegal tax avoidance and money laundering by some of the world’s richest and most influential people. It is the cooperation of more than 600 journalists…
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NFT Regulations in Singapore Introduction Non-fungible tokens or NFTs are presently one of the most popular technology trends in the world. Non-fungible means that this token cannot be exchanged as it is unique, and every token has a unique code and metadata stored on a digital ledger. The property that…
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Legal Updates to DIFC’s Employment Law “Workers rights should be a central focus of development.” …
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Enforcing Foreign Awards in Qatar Arbitration has seen a tremendous increase in popularity in Qatar in recent years, including both national and international clients. The number of arbitration cases held in Qatar is on the rise, with many of them being international, with at least one party headquartered outside the country. To…
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Insolvency Regulations in Kuwait Kuwait is the most recent GCC nation to alter its bankruptcy laws. Kuwait modified its insolvency code in October 2020, enacting the long-awaited Bankruptcy Law (Kuwait Law No. 71/2020). This legislation emphasizes bankruptcy processes designed to maximize a debtor's worth for the profit of creditors and…
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Inheritance Law in the UAE “A leader’s lasting value is measured by succession.” …
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ADGM Regulations for SPVs and Foundation “Regulation needs to catch up with innovation” The ADGM's Registration Authority published a consultation document in October proposing a regulatory regime for the use of CSPs in the ADGM. The public consultation began against the backdrop of rising interest in and success with incorporating…
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ADGM Data Protection Rules 2021-2022 “Availability of protection ensures reliability and timely access to data and resources to authorized individuals.” Organizations must emphasize educating about their responsibilities under the new ADGM Data Protection Regulations, conducting a disparity test to find whether their current systems are vulnerable or appropriate, considering any…
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Decree Number 34 of 2021 and Arbitration in Dubai “Arbitration is justice blended with charity.” – Nachman of…
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KSA Data Protection Law and Recent Updates The Mid East's safety regulatory process is complex, and it generally is becoming fairly more so with the publication of Saudi Arabia's (KSA) Personal Data Protection Law (PDPL). Whereas the PDPL integrates the primary functionality of contemporary records safety laws, it mostly is…
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