UAE: Public Prosecution Warns of Penalties Against Employees Who Leak Details of Investigations

Khaleej Times, 3 March 2023: The UAE’s Public Prosecution has warned disclosing information from legal cases is a crime punishable by stiff penalties.

In an advisory, the authority has reminded all details related to investigations and ensuing findings must be kept strictly confidential, and hefty penalties will be imposed on violators.

This applies to all those who may be privy to matters in court, including public prosecution staff, clerks, assistants, and experts.

The authority also stated evidence collection reports must be treated with the same confidentiality stipulated in a subclause of Article 67 of Federal Decree-Law No. 38/2022 On the Issuance of the Criminal Procedure Law.

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Abu Dhabi: Previous Pension Service Periods Added Automatically

Albayan, 5 March 2023: The Abu Dhabi Pension Fund has confirmed it automatically includes the previous service periods of individuals who are registered with the Fund from both the private and public sectors.

This is done at no additional cost to the insured persons.

However, if an insured person has received their end of service payment and later decides to add their previous service period, they must pay a fee which is equivalent to 26 per cent of the salary used as the basis for calculating their subscriptions.

The service periods which can be added include previous work periods with the federal government, previous work periods in the private and public sectors in the Emirate of Abu Dhabi, previous work periods in the private sector outside the Emirate of Abu Dhabi, and previous service in local authorities in the UAE, provided the conditions stipulated by law are met.

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Meet the Dazzling Winners of the 2023 LexisNexis Women in Law Awards in the GCC!

Get ready to meet the inspiring and trailblazing winners of the 2023 LexisNexis Women in Law Awards in the GCC! The wait is finally over, and we are thrilled to announce the deserving winners of these highly anticipated awards.

With over 195 impressive entries across 17 categories, these women in the GCC legal industry have truly raised the bar. We want to give a huge round of applause to all the participants who have made this event a true success from the start.

The winners were announced at a glamorous gala dinner and awards ceremony held at the iconic Ritz-Carton in JBR, Dubai, UAE, on 2 March 2023.

We couldn’t have made this possible without the support of Yungo Legal Consultants (Drinks Reception Sponsor), DLA Piper (Bronze Sponsor), Sorbonne University Abu Dhabi (Award Sponsor) and Grant Thornton (Audit Partner).

You can check out the winners by clicking here.

We’re already looking forward to the next edition in 2024 and can’t wait to see what’s in store for the future of women in law in the GCC!

UAE: Unemployment Insurance Cannot Be Transferred to Others

Emaratalyoum, 24 February 2023: Insurance companies working with the UAE’s Human Resources and Emiratization Ministry have been receiving compulsory insurance requests for unemployment insurance from employees in both the private and public sectors.

Failure to obtain this insurance could result in a fine of up to 400 AED.

This type of insurance was mandated by Federal Decree-Law No. 13/2022 Concerning Unemployment Insurance to provide employees with a three-month income equivalent to 60 per cent of their salary value if they leave work for reasons beyond their control or non-disciplinary reasons.

The insurance cannot be assigned to others or transferred to any other individual or company at any time.

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Dubai: Unified Service for Citizen’s Services “Emirati”

Albayan, 26 February 2023: In Dubai, the “Emirati” application has been launched as a unified platform for citizen services.

This comprehensive platform features 153 services, including social and housing services, payment facilities, event listings, health insurance cards, and discounts.

The Dubai Digital Authority has been instructed to collaborate with agencies and institutions to include all necessary services for citizens into the platform by the end of this year.

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UAE: Importance of Indian Customs Agreement

Emaratalyoum, 18 February 2023: At the Global Business Summit in India, the UAE’s Economy Minister has highlighted the agreement signed between India and the UAE which came into effect in May 2022.

He has stated the agreement cancelled the customs tariff between the two countries on more than 80% of Indian and Emirati products.

He has also added customs tariffs will be fully terminated within 10 years to increase commercial exchange and joint investments.

The agreement has enabled service providers to reach 11 main markets and more than 100 sub-sectors.

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Abu Dhabi: New Mechanisms for Handing Over Labourers’ Dues Adopted

Albayan, 16 February 2023: Abu Dhabi’s Labour Court has adopted new mechanisms and procedures to guarantee labourers are paid quickly in a few easy steps.

According to this new mechanism, a private sector company responsible for providing labourers’ insurance coverage must open an office at the Labour Court’s headquarters to pay their financial dues faster based on legal controls.

Based on Abu Dhabi Ministerial Decision No. 318/2022 on the bank guarantee and insurance for labourers’ dues, private sector employers have two options.

They can either pay a bank guarantee of no less than 3,000 AED for each labourer or buy an insurance policy for 30 months at 137.50 AED for skilled labourers and 180 AED for unskilled labourers.

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Sorbonne University Abu Dhabi joins as an Award Sponsor for the 2023 LexisNexis Women in Law Awards

We are thrilled to share that Sorbonne University Abu Dhabi will be an Award Sponsor at the highly anticipated LexisNexis Women in Law Awards 2023, set to take place on 2 March 2023 at The Ritz-Carlton JBR, Dubai.

This event celebrates the achievements and innovations of women in the legal field throughout the Middle East region. The Awards also acknowledge organisations that promote women and gender equality in their teams.

We warmly invite you to join us at this outstanding event on 2 March 2023. Visit the LexisNexis Women in Law Awards website to learn more!

UAE: The Central Bank Launches a Financial Infrastructure Transformation Programme

The UAE Central Bank has launched a Financial Infrastructure Transformation (FIT) Programme which aims at Accelerating the Digital Transformation of the Financial Services Sector.

The FIT Programme focuses on the financial services sector, digital transactions, and the UAE’s competitiveness. Its aim is to accelerate digital transformation in the UAE financial services sector and strengthen the country’s position as a global centrre for business and finance.

The Programme has nine key initiatives. These include the first unified, secure, and efficient card payment platform in the UAE which has been designed to enhance e e-commerce and digital transaction development; and eKYC: which provides a secure, user-friendly platform for conducting customer on-boarding and ongoing due diligence digitally. Other initiatives include the Central Bank Digital Currency (CBDC) which is used to tackle cross-border payment inefficiency and promote innovation for domestic payments and the Open Finance initiative which is driving innovation, competitiveness, and collaboration in the financial sector through interconnectivity and interoperability between institutions.

An advanced SupTech service has also been put in place to enhance supervisory processes. There is also an innovation Hub which is a collaborative platform for Fintech engagement, research, and development. In addition, the Instant Payments Platform is a secure, efficient, and robust payment platform which enhances financial inclusion and promots a cashless society through digital payments. There is also a Financial Cloud which provides a secure, resilient, scalable, and reliable sovereign financial infrastructure; and an initiative to supporting a unique customer experience and foster a culture of excellence across the financial sector.

In the first stage of the Programme, digital payment infrastructures and services such as a Card Domestic Scheme and Instant Payment Platform will be launched. The Central Bank Digital Currency for cross-border and domestic uses will also be issued. These initiatives will help lead to financial inclusion, payment innovation, security and efficiency, and a cashless society.

As part of the FIT Programme, the UAE Central Bank will adopt advanced supervisory technologies and data management solutions so that they can implement robust supervisory processes and ensure financial stability.

In the second stage, the FIT Programme will develop and rollout digital infrastructures like Financial Cloud, eKYC, and Open Finance Platforms. These will enhance regulatory compliance, reduce costs, enhance innovation and customer experience, and strengthen their security and operational resilience.

The FIT Programme, links in with he UAE 2031″ vision and National Digital Economy Strategy.

More details and updates of each pillar of the FIT Program will be announced in due course.

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