MassPoint Currents | Legal Updates & Analysis

State-Owned Enterprises and Anti-Corruption Enforcement

Anti-Corruption Enforcement and State-Owned Enterprises: Understand Unique Risks and Incentivize Compliance State-owned enterprises (SOEs, including sovereign wealth funds) are prominent players in international business. Given their ownership, SOEs have garnered scrutiny for their...

Dana Gas Sukuk Governing Law and Jurisdiction

Legal Silos and Potential Lessons for Deal Teams (Islamic and Conventional) June 30, 2017 | Author: Hdeel Abdelhady  Dana Gas’ statement that its own sukuk are not Shari’ah compliant and therefore are unlawful under...

Dana Gas Deems its Own Sukuk Unlawful: Parsing the Dana Gas Statement

Dana Gas Declares its Own Sukuk “Unlawful:” Issues, Questions, and Observations [1]   June 18, 2017 | Author: Hdeel Abdelhady* As discussed briefly in this June 16 MassPoint blog post, Dana Gas PJSC, the...

Dana Gas Declares its Own Sukuk “Unlawful”: Revisiting The Investment Dar Case and “Shari’ah Risk”

Dana Gas Declares its Own Sukuk Unlawful. Move Reminiscent of The Investment Dar Case. June 16, 2017 I Author: Hdeel Abdelhady  Sukuk in Brief News outlets have reported that Dana Gas, the gas...

Basel Committee Clarifies Guidance on Countering Money Laundering and Terrorism Financing in Correspondent Banking

Guidelines on Sound management of risks related to money laundering and financing of terrorism Snapshot Update June 7, 2017 Today the Bank for International Settlements' Basel Committee on Banking Supervision (BCBS) issued "Guidelines...

Abu Dhabi Global Market to Offer Foundation Vehicle

Abu Dhabi Global Market to Offer Foundation Vehicle, Public Consultation Open Through July 5, 2017 June 1, 2017 Ι Download Update Ι Author: Hdeel Abdelhady Proposed Foundation Regime and Public Consultation Abu Dhabi Global Market...