Understanding the Proposed New DIFC Companies

Overview

The Dubai International Financial Centre is hosting the outreach session held on Understanding the Proposed New DIFC Companies Law, which was posted for a 90 day public consultation period ending on 19 June 2017.
The event aims to provide an overview of the enhancements and refinements proposed in the new DIFC Companies Law 2017 (Law), which include:

• A new classification of companies

• Enhanced directors’ duties

• New mergers and schemes of arrangements provisions

• Enhancements to company accounting and audit requirements

• Enhancements to the Registrar of Companies’ powers

• Disclosure of beneficial ownership of companies

• Whistle-blower protection

• Miscellaneous enhancements

Event Agenda:

• 08:45am-09:00am - Registration and Networking
• 09:00am-09:10am - Welcome and Introduction, Jacques Visser, Chief Legal Officer, Dubai International Financial Centre Authority
• 09:10am-09:30am - Overview of the proposed new DIFC Companies Law, Jacques Visser, Chief Legal Officer, Dubai International Financial Centre Authority
• 09:30am-09:40am - What does the proposed new DIFC Companies Law mean for regulated entities? Dhammika Amukotuwa, Director, Policy and Strategy, Dubai Financial Services Authority

• 09:40am-10:00am - Question and Answers session and Panel discussion. The panelists are:

• Khalid Al Zarouni, DIFC Registrar of Companies 

• Jacques Visser, Chief Legal Officer, Dubai International Financial Centre Authority 
• Dhammika Amukotuwa, Director, Policy and Strategy, Dubai Financial Services Authority 
• Tanuja Paramasivam, Vice President – Legal, Dubai International Financial Centre Authority

• 10:00am-10:15am - Closing Remarks, Jacques Visser, Chief Legal Officer, Dubai International Financial Centre Authority