Our Team

STA's Team of Lawyers in Abu Dhabi, Bahrain, Doha, UAE, Luxembourg, Moscow, RAK, Sharjah, and Singapore. Find a Lawyer. ..

Read more information

Legal Updates

17 Nov 2018

Ultimate Beneficial Ownership Regulation in the DIFC

Ultimate Beneficial Ownership Regulation in the DIFC Introduction The DIFC has recently introduced their regulations concerning The Ultimate Beneficial Owners (UBO) of companies. A beneficial owner is an individual within a company who, as defined within the new DIFC regulation, directly or indirectly holds or controls: Shares or other Ownership…

Read more
14 Nov 2018

Amendments to the Oman Protection of Competition Regulation

Amendments to the Oman Protection of Competition Regulation Introduction Competition is often seen as being a requirement for a healthy economy. It allows for consumer choice and competitive pricing, which in turn leads businesses to innovate and seek out ways to attract customers. Monopolies arise when one business controls a…

Read more
11 Nov 2018

UAE Federal Law to boost FDI

UAE Federal Law to boost FDI The UAE President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued Decree No. (19) of 2018 on Foreign Direct Investment (FDI) which aims to improve the country's investment environment and attract direct investment in line with national development policies. The New FDI…

Read more
07 Nov 2018

UAE Federal Law raising the capital of Central Bank to AED 20 Billion

UAE Federal Law raising the capital of Central Bank to AED 20 Billion The UAE President Shaikh Khalifa bin Zayed Al Nahyan issued Federal Law No. (14) of 2018 concerning the Central Bank of UAE and Organization of Financial Institutions and Activities which aims to raise the capital of the…

Read more
04 Nov 2018

UAE enables the federal government to issue Sovereign Bonds (Public Debt Instruments)

UAE enables the federal government to issue Sovereign Bonds (Public Debt Instruments) UAE The President His Highness Shaikh Khalifa Bin Zayed Al Nahyan issued Federal Decretal Law No. (9) of 2018 regarding Public Debt which will enable the federal government to issue sovereign bonds and help the banking sector meet…

Read more
01 Nov 2018

Anti-Money Laundering Law UAE – Update

Anti-Money Laundering Law UAE – Update The purpose of the new law is to stop Anti-money laundering and terror financing in the UAE. There are two units established under this law to practically control the money laundering in the UAE. Following are the main two committees created under the new…

Read more