Publication
Greece
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Insurance focus: Key developments in the insurance sector in the Middle East – second edition
EMEA | Publication | April 2025
In the second issue of our Middle East insurance newsletter, we delve into some of the latest developments that are shaping the industry. We discuss the recently introduced Insurance Brokers Regulation by the Central Bank of the UAE, which took effect in February 2025. This regulation marks a significant shift in how insurance brokers operate, setting new standards for licensing, risk governance, and professional indemnity insurance.
We also explore some of the key developments in the data protection landscape in the UAE financial freezones – including recent proposed amendments to the DIFC Data Protection Law, and the increasingly intensifying data privacy regulatory enforcement environment in the ADGM and DIFC.
Further, we consider a recent Dubai Court of Cassation decision, and in our spotlight article, we unpack the evolution of political risk insurance in the Middle East and the impacts of geopolitical volatility on the industry.
We hope you find this edition informative, and we look forward to sharing more insights with you in our next edition in July 2025.
If you would like to receive our newsletter, please contact us.
Recent publications
Publication
UK Government’s Department for Transport publishes Maritime Decarbonisation Strategy
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy, setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector.
Publication
Privy Council confirms burden of proof regarding duty to achieve best price reasonably obtainable rests with the mortgagor
On 29 May 2025, in Finlayson v Caterpillar Financial Services Corp [2025] UKPC 24 (The Bahamas), the Judicial Committee of the Privy Council of the United Kingdom (the Privy Council) heard the appeal of Mr Garet O Finlayson and Mr Mark Finlayson (the Appellants) following the Supreme Court of the Bahamas and the Court of Appeal of the Bahamas finding in favour of the respondent, Caterpillar Financial Services Corporation (the Respondent).
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