Insurance disputes committee should now uphold arbitration clauses and strictly apply provisions set out in new law in insurance cases

With large fines having limited effect, the FCA has switched its focus to senior individuals in a bid to change the culture within financial institutions, which will likely have a knock-on effect in MENA

Judgment shows DIFC courts' willingness to look beyond formal legal structures

On April 13, 2014, the rules and regulations for the operation of the committees for the resolution of insurance disputes and violations came into force in the Kingdom of Saudi Arabia (KSA).

The interest in financial lines products in the Middle East has grown exponentially in recent years, driven by a number of significant factors.