Like many jurisdictions around the world, the Qatar Financial Centre (QFC) has established compliance procedures that require legal entities registered or formed in the QFC to identify their ultimate beneficial owners (UBO)....more
In September 2020, the United Arab Emirates, Israel and the U.S. signed the Abraham Accords, establishing diplomatic and commercial relations between the UAE and Israel. In August 2020, the UAE issued Federal Decree-Law No. 4...more
8/10/2021
/ Abraham Accords Peace Agreement ,
Antiboycott Requirements ,
Boycotts ,
Bureau of Industry and Security (BIS) ,
Compliance ,
Controlled Foreign Corporations ,
Export Administration Regulations (EAR) ,
Foreign Relations ,
IRS ,
Israel ,
Reporting Requirements ,
United Arab Emirates (UAE)
Earlier this month, the Biden Administration formally announced that combating corruption is a core United States national security interest. On June 3, 2021, the Biden Administration issued a Memorandum on Establishing the...more
6/14/2021
/ Anti-Corruption ,
Biden Administration ,
Chief Compliance Officers ,
Compliance ,
Department of Homeland Security (DHS) ,
Department of Justice (DOJ) ,
Foreign Corrupt Practices Act (FCPA) ,
National Security ,
National Security Agency (NSA) ,
Presidential Memorandum ,
Securities and Exchange Commission (SEC) ,
U.S. Commerce Department ,
U.S. Treasury ,
US Department of State