UAE: Anti-Corruption Law Amendments Approved13-12-2018
The United Arab Emirates’ (“UAE”) President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has Decreed amendments to the country’s 1987 Penal Code (Federal Law No. 3 of 1987) to strengthen and make the law more wide-ranging.
Federal Law No. 3 of 1987 as Amended:
The amendments to Articles 82, 170, 201, 225, 234-237, 257 and 280 of the Penal Code concerning confiscations, convictions, pardons and prison terms have immediate effect. Under the changes, the law now covers foreign and domestic bribery in both the public and private sectors and international organizations. Further, its provisions are applicable outside the UAE’s territory to anyone who commits or indulges in any of the offences laid out in the Code, if the criminal or victim is a UAE citizen, and the crime is committed by a public or private sector employee or if it involves UAE public property.
How Can TLG Help?
The Corporate & Commercial Team at TLG retains due expertise on all matters retaining to anti-corruption and bribery laws and regulation in the UAE including but not limited to advising on policies, procedures and conduct compliance programs.
Should you have any queries or questions on the above law, its applicability and/or impalpability, please feel free to directly contact our Corporate & Commercial Team.