02 June 2022Publication
Update to the new Federal UAE Labour Law
An update to the new Federal UAE Labour Law following publication of the Executive Regulations and practice since the law came into force in February 2022.
LIBOR remediation is a requirement, not a choice – let us be the law firm to guide you through the LIBOR transition process.
By the end of 2021, firms will need to have replaced the London InterBank Offered Rate (LIBOR) and other IBORs with Risk Free Rates (RFRs). We can guide you through the IBOR transition process from identification and quantification of your IBOR risk, to analysis and remediation of your IBOR estate.
Firms must identify and quantify their exposure to legal and financial IBOR risk - the scale and legal complexity of the task is significant.
- Our track record - We have the skills to make significant cross-border legal and regulatory change solutions work. From MiFID2 to Brexit, we have extensive experience in implementing these types of projects with our clients.
- Our product and governance expertise - An effective and managed transition to RFRs requires product-by-product legal and technical analysis. We have the product experts who can advise on the legal and regulatory effect of the transition in each of the relevant areas.
- Our innovative solutions – We have a long history of innovation and delivery of industry award-winning product solutions for clients.
- Our technology-supported solutions: Applying “I” to AI
There is no ‘magic bullet’ to handle the IBOR due diligence or remediation processes – an efficient process starts with understanding the capabilities and constraints of your internal systems, the state of your data and identifying practical options to accomplish these tasks.
Key contacts
If you have any questions, contact a member of the IBOR team for assistance:
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