Matthew Shanahan
Clyde & Co LLP
Articles
The DFSA succeeds in opposing Arif Naqvi’s Judicial Review Application in the DIFC Court
United Arab Emirates - September 9 2021 The DIFC Court’s decision arises from an application made by Arif Naqvi, the founder and former CEO of the Abraaj Group, to challenge the DFSA’s…
Trade Based Money Laundering (TBML) risk in the freight forwarding and customs broking sectors
United Kingdom - December 22 2020 In this article we look at risks for freight forwarders and customs brokers identified in the recent paper on TBML published by the Financial Action…
New Dubai Law confirms that DIFC financial institutions may promote and provide their services to UAE clients outside the DIFC
United Arab Emirates - May 20 2021 This article examines the impact of the recently-announced new Dubai Law No. 5 of 2021 (the New Law) on the activities of Dubai Financial Services…
UAE Central Bank establishes a new data protection regime for financial institutions
United Arab Emirates - April 20 2021 The UAE Central Bank has established a Financial Consumer Protection Regulatory Framework that introduces novel requirements for the protection of…
The role social engineering plays in cyber and business email compromise attacks
USA - March 18 2021 This article looks at the continued deployment of social engineering techniques to execute business email compromise (BEC) cyberattacks and suggests…
