Why UAE Firms should be aware of OFAC sanctions

January 24, 2024

Recent OFAC sanctions target Russia’s International Supply Chain Recent sanctions by the US Treasury’s Office of Foreign Assets Control (OFAC) target the sources and channels that Russia relies on to support its military in its...

Targeted Financial Sanctions

November 7, 2023

Introduction  Targeted Financial Sanctions (‘TFS’) require Designated Non-Financial Businesses or Professions (‘DNFBP’) and Financial Institutions (‘FI’) to monitor, restrict or prohibit customer interactions where the individual, entity or jurisdiction is listed by the United Nations...

EFFECTA’s Essential Insights: A Regulatory Update

October 5, 2023

Welcome to EFFECTA’s Essential Insights, a quarterly newsletter aimed at providing its readers with succinct overviews of some of the key regulatory issues currently faced by Firms in the UK and UAE. The summer has...

EFFECTA’s Essential Insights: A Regulatory Update

August 1, 2023

Welcome to EFFECTA’s Essential Insights, a quarterly newsletter aimed at providing its readers with succinct overviews of some of the key regulatory issues currently faced by Firms. 2023 continues to be a busy year, with...

EFFECTA’s Essential Insights: A Regulatory Update

May 26, 2023

Welcome to EFFECTA’s Essential Insights, a quarterly newsletter aimed at providing its readers with succinct overviews of some of the key regulatory issues currently faced by Firms. 2023 has been a busy year so far,...