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Articles by Anjarwalla Collins
Charging interest in the UAE | Lexology
The right to charge interest, whether simple or compound, has always been an area of uncertainty for contracting parties in the United Arab Emirates (“UAE”).
Structuring foreign investments using UAE holding companies | Lexology
A common dilemma facing international businesses is deciding on the jursdiction to establish a holding company to hold its foreign investments.
Q&A Guide - Mortgage of movable assets in the UAE | Lexology
In our previous article “Security over movable assets in the UAE” (read it here https://ach-legal.com/blog/mortgage-law-security-movable-assets-uae), we discussed the salient features of Federal Law Number 20/2016 on Mortgaging of Movable Assets as Security for Debts (the Mortgage Law).
DIFC Wills now cover assets located worldwide | Lexology
Introduction Since the formation of Dubai International Financial Centre (DIFC) Wills Service Centre (DIFC Wills Centre) in 2014, the DIFC Courts have envisaged a platform that adequately safeguards the interests of non-Muslim testators and their assets in the Emirates of Dubai and Ras Al Khaimah, UAE.
Regulation of Crypto Asset Activities in Abu Dhabi Global Markets | Lexology
The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Markets (a financial freezone in Abu Dhabi) (ADGM) published on 25th June, 2018, the Regulation of Crypto Asset Activities (the Regulations) under section 15(2) of the Financial Services and Market Regulations, 2015 (FSMR).
Decrypting Blockchain | Lexology
The terms “Blockchain” or “Bitcoin” were alien to the general public in the United Arab Emirates (UAE) when Satoshi Nakamoto began the Bitcoin phenomenon in 2008. However, today with one of the world’s first cryptocurrency deep “cold storage” companies operating in Dubai, it is clear that tides have shifted and the UAE is actively becoming part of this global trend.
Whose money is it? Succession planning for joint bank account holders | Lexology
It is common for individuals to open a joint bank account simply for the convenience of having multiple signatories in respect of the bank account and not necessarily for the reason of giving all the account older(s) a beneficial interest, equal or otherwise, in the funds held in the bank account.
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