Security over movable assets in the UAE

The UAE Federal Government, with an aim towards providing an effective and well organised process for taking security over movable assets, introduced UAE Federal Law No. 20 of 2016 on Mortgage of Movable Assets (“Mortgage Law”). The provisions of the Mortgage Law became effective from 15th March, 2017 and provides that executive regulations will be issued within a period of six months from 15th March, 2017. The executive regulations are expected to provide further details in relation to the scope, application and enforcement of the Mortgage Law (including the implementation of a security register).

To view the entire article please visit here.

0 views0 comments

Recent Posts

See All

Stamp Duty Holiday Extension Announced In Latest Budget

As recently leaked to The Times, the Chancellor Rishi Sunak has today unveiled a temporary extension to the stamp duty holiday as part of his Budget announcements. The holiday was first introduced las

© Law Exchange International 2021

Web Design by

Web and Graphic Design near Grand Rapids


David Lindgren

Shakespeare House

42 Newmarket Road

Cambridge CB5 8EP


Connect with LEI

  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon

Add on Facebook

Add on Twitter

Add on LinkedIn