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Policy update

Policy & Legal Updates
Source: Gulf Business

Dubai Maritime Authority Issues Rules for Leisure Boat Anchoring and Mooring Buoys

The Dubai Maritime Authority has introduced Circular No. 35 of 2026 to standardise leisure boat anchoring and the use of recreational mooring buoys in Dubai waters. The regulatory framework applies to boat and yacht owners, operators, agents, marinas, and marine service providers. The rules focus on raising navigational safety, preventing marine collisions, and protecting the marine ecosystem.

Policy & Legal Updates
Source: Morgan Lewis

CBUAE Introduces Updated Remuneration Rules for Banks and Insurance Companies

The Central Bank of the UAE has issued Circular No. 5/2026, introducing an updated governance and remuneration regime for banks and insurance firms. Regulated institutions must complete an internal gap analysis within 180 days and achieve full compliance within 15 months. The framework mandates stricter controls over risk-linked pay, incentive schemes, and annual compensation disclosures.

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