BSA LAW

BSA LAW is live. We are thrilled to announce that we have rebranded as BSA LAW. This strategic change marks a significant milestone in the firm's journey, reflecting our commitment to evolving with the dynamic legal landscape and reinforcing our position as a leading legal service provider. Visit https://www.bsalaw.com/ to view the new brand identity and find out more information on BSA LAW. #BSALAW

We are delighted to have been awarded Intellectual Property Team of the Year 2024 at The Oath Legal Magazine Middle East Awards. This prestigious recognition highlights our unwavering dedication to delivering exceptional results and protecting the creative assets that power businesses across the region. In this exclusive video interview, Felicity Hammond, Senior Associate and a key member of our IP team, expresses her gratitude for this honour and the trust our clients place in us. She reflects on the impactful work that led to this recognition and reaffirms our commitment to setting higher benchmarks in intellectual property law. Congratulations to the exceptional IP team at BSA Law for this well-deserved achievement, and to all the winners celebrated at The Oath Middle East Legal Awards 2024! #IntellectualProperty #TheOathAwards2024 #LegalExcellence #IPTeamOfTheYear #BSALawSuccess

Dubai’s licensing requirements for virtual asset activities are governed by the Virtual Assets Framework (VA Framework) introduced by the Dubai Virtual Assets Regulatory Authority [VARA]. Entities engaging in activities such as operating platforms, exchanges, or providing custodial services must obtain a VARA license. Non-compliance can lead to penalties, including fines and operational suspensions. The article "Trading crypto in Dubai? What you need to know about the latest court ruling", published by Arabian Business, quoted Nadim Bardawil and Mahmoud Kreidie, emphasize the importance of individuals trading cryptocurrencies for personal purposes maintaining compliance with AML laws and conducting transactions through VARA-approved platforms to manage risks. Staying informed and seeking legal guidance is essential to navigating regulatory challenges. To read more about this insight, please follow the link: https://lnkd.in/dJVSYv8p #DubaiCryptoRegulations #VirtualAssetLicensing #AMLCompliance #VARA #Cryptocurrency

The Dubai International Financial Centre (DIFC) has implemented significant amendments to its civil and commercial laws, notably introducing Article 8A to the Application Law, which clarifies the hierarchy of legal sources by prioritizing DIFC statutes and court judgments, while allowing reference to English common law when necessary. In his insightful article, Hashem Al Ahdal, Associate, emphasizes that these reforms are designed to improve legal clarity and predictability, solidifying the DIFC’s position as a premier international common law jurisdiction and creating a secure environment for global businesses and investors. To read the full article, please follow the link: https://lnkd.in/dk3wgZSd #DIFC #LegalReforms #CommonLaw #BusinessLaw #InternationalBusiness #LegalClarity #InvestorConfidence #Dubai #UAE

In 2025, the UAE will focus on sustainable growth and innovation, including stricter traffic laws, air taxis, environmental policies, and a directive requiring all private joint-stock companies (#PJSCs) to appoint at least one woman to their board under Ministerial Resolution 137 of 2024. In the following article, Tyne Hugo, Senior Associate, highlights how this reflects the UAE's commitment to promoting gender balance in corporate governance as businesses adapt to these changes. To read the full article, please follow the link: https://lnkd.in/dvpmnCfx #UAEGrowth #CorporateGovernance #GenderEquality #Sustainability #Innovation #DiversityAndInclusion

The transition to renewable energy comes with inherent challenges, including technological gaps, infrastructure needs, investment hurdles, regulatory barriers, economic and geopolitical issues, environmental concerns, and public acceptance. In an insightful article, Frances-Yvonne Igweh, Partner and Head of Energy and Natural Resources, highlights the UAE's leading position in this sector and the policies that have helped it effectively overcome these challenges. With ambitious goals like achieving 50% clean energy by 2050. The UAE is positioning itself as a global leader in sustainable development. To read the full article, please follow the link: https://lnkd.in/dvmpaush #RenewableEnergy #SustainableDevelopment #GreenEconomy #UAEInnovation #EnergyTransition

BSA LAW is honored and deeply grateful to be recognized as the Regional Law Firm of the Year 2024 at The Oath Middle East Legal Awards 2024.   In this exclusive video interview, Rima Mrad, Partner, reflects on the significance of this achievement, acknowledging the unwavering dedication and hard work of our team. She also shares insights into the firm’s future direction, upcoming initiatives, and the enhanced value we aim to deliver to our clients in the years ahead.   We extend our heartfelt gratitude to The Oath Legal Magazine for this prestigious recognition and express our gratitude to our clients for their enduring trust and confidence.    Congratulations to all the winners and nominees who continue to inspire excellence within the legal community. #TheOathAwards2024 #RegionalLawFirmOfTheYear #LegalExcellence #ClientTrust #Teamwork #InnovationInLaw #MiddleEastLaw 

We are pleased to share the latest edition of BSA LAW’s legal roundup, highlighting key legal developments and the firm's recent initiatives. This edition highlights our exceptional recognition at The Oath Middle East Legal Awards 2024, where we proudly were recognized with two major awards and an honorable mention. This accolade highlights the firm's dedication to advancing legal excellence and promoting innovation across the region’s dynamic legal landscape. Inside this issue, you'll find expert analysis on trending legal topics, such as, The Dubai Court of Cassation: Licensing requirements for virtual asset trading, Franchise 2025: A look ahead at franchise laws and trends, UAE Corporate Tax: Key Q&A for businesses navigating compliance, and Corporate Risks: Mitigating risks in financially distressed transactions.   Additionally, explore our participation in premier industry events, including: DIFC Family Investment Day 2024., University of Sharjah: Principles of the Legal Profession Panel Discussion, LexisNexis Saudi Business Law Forum 2024 in Riyadh, KSA, IBA Anti-Corruption Committee Asia Conference 2024 in Singapore and Meritas EME Regional Meeting 2024.   To view the e-newsletter, please follow the link: https://lnkd.in/dHtUH-4F   Stay connected as we continue to shape legal discourse and provide innovative solutions in the Middle East and beyond.

The UAE's achievements in 2024 showcase groundbreaking advancements across various sectors, from economic diversification to sustainability initiatives, emphasizing the nation's commitment to innovation and inclusivity. In this insightful article, Hashem Al Ahdal, Associate, highlights the UAE’s strategic approach to nurture growth, highlighting milestones in renewable energy, digital transformation, and policies promoting equality and social progress. To read the full article, please follow the link: https://lnkd.in/eMFEFHUc #UAE2024 #Sustainability #Innovation #EconomicGrowth #DigitalTransformation #Inclusivity #MiddleEast

In a thought-provoking article, Khaleej Times explores whether employees in the UAE have the right to disconnect from work-related calls, emails, and messages after official working hours, shedding light on labour laws and employee rights. Hadiel Hussien and Sofia Elsehamy, emphasize the importance of establishing clear workplace policies that balance employer expectations with employees’ right to privacy and downtime, advocating for a proactive approach to promote healthy work-life boundaries. To read the full commentary, please follow the link: https://lnkd.in/d8kcf5gG #UAEEmploymentLaw #RightToDisconnect #WorkLifeBalance #LabourRights #WorkplaceCulture