United Arab Emirates: Abu Dhabi Courts Take Strong Stance Against Personal Guarantors As Central Bank Implements Security Requirements - BSA Ahmad Bin Hezeem & Associates LLP

United Arab Emirates: Abu Dhabi Courts Take Strong Stance Against Personal Guarantors As Central Bank Implements Security Requirements - BSA Ahmad Bin Hezeem & Associates LLP

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In a significant move, the Central Bank of the United Arab Emirates has issued circular no. /3/ of 2023 ("Circular"), in pursuance of the Federal Decree-Law no. /23/ of 2022 amending Federal Decree-Law no. /14/...

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