Financial services
FSRA warns public against unlicensed firm Veyron Markets Ltd Veyron Markets is not, and has never been, granted Financial Services Permission by the FSRA to carry on any Regulated Activity in or from ADGM; and is not, and has never been, incorporated in ADGM or licensed to undertake any form of commercial activities in ADGM.
What to do: Investors and members of the public should verify that any firm claiming to operate in or from ADGM is listed on the FSRA's Public Register before dealing with it.
Source: ADGM
Corporate
Emergency Financial Crisis period activated under UAE Bankruptcy Law The UAE Cabinet has issued Cabinet Decision No. 94/2026, dated 1 June 2026, on the implementation of the provisions of Title 5 of Federal Decree-Law No. 51/2023 (the Financial Reorganisation and Bankruptcy Law). Title 5 shall now apply to preventive settlement, restructuring and bankruptcy adjudication proceedings where the debtor's financial distress was caused by the declared emergency, with effect from 28 February 2026 and until the Cabinet determines an end date.
What to do: Businesses experiencing financial distress caused by the declared emergency may apply to the Bankruptcy Court for relief under the tailored measures in Title 5, including postponed creditor applications, extended procedural deadlines, and settlement negotiation periods of up to 12 months.
Source: BSA Ahmad Bin Hezeem
Corporate
Businesses must obtain FIFA World Cup broadcast licences to avoid legal violations Restaurants, cafés, hotels and other establishments wishing to screen FIFA World Cup 2026 matches must obtain prior authorisation from the relevant broadcast rights holders to comply with intellectual property laws and avoid legal violations.
What to do: Restaurants, cafés, hotels, and other establishments must contact official broadcast rights holders, obtain a licence to screen FIFA World Cup 2026 matches, and keep the licence on site for presentation upon request.
Source: Gulf News