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Reporting Requirements Dubai

Latham & Watkins LLP

Dubai Virtual Assets Regulation Authority Enacts New Regime to Regulate Virtual Assets

Latham & Watkins LLP on

The new regime specifies licensing and reporting requirements for a range of activities related to virtual assets in the Emirate of Dubai. On February 7, 2023, the Dubai Virtual Assets Regulation Authority (VARA) adopted...more

Morgan Lewis

UAE Economic Substance Regulations: Five Things You Need to Know

Morgan Lewis on

Entities carrying on “Relevant Activities,” including banking, insurance, and investment fund management, among others, in the United Arab Emirates will need to meet an economic substance test from April 30, 2019, and from...more

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