UAE: Abu Dhabi Public Consultation on Proposed Amendments to Application of English Law Regulations 2015
The Abu Dhabi Global Market has launched a public consultation on proposed amendments to its Application of English Law Regulations (AELRs) 2015. The consultation ends on 15 November 2020. The Regulations are the cornerstone of the Market’s legislative framework. Since their introduction in 2015, certain English Statutes in the Regulations have been amended in England. The amendments made in England have no legal effect in the Global Market, unless they are incorporated by the Board of the Global Market into the Regulations. The aim of the proposed amendments is to enhance the current Regulations by reflecting and incorporating appropriate amendments made in England to the English Statutes, as well as introducing additional English statutes.