DIFC : a new employment legislation

DIFC : a new employment legislation

DIFC : a new employment legislation On 28 August 2019, the revised version of the DIFC employment legislation, i.e. Law No. 2 of 2019 (“2019 Law”), went into effect. It replaced the former employment law, i.e. Law No. 4 of 2005, as amended (“2005 Law”). The 2019 Law...
DIFC : a new employment legislation

Switzerland : new financial markets legislation

Switzerland : new financial markets legislation On 1 January 2020, the Financial Institutions Act (FinIA) and the Financial Services Act (FinSA) went into effect. The two legislations have considerably modified the country’s financial market law architecture....
DIFC : a new employment legislation

DIFC: client assets rules

DIFC: client assets rules Client assets rules (CASS) apply to firms that hold or control client money or safe custody assets. Their objective is to ensure the safety of client money and assets in the event that such firms fail and leave the market, thereby avoiding...