We are pleased to bring you the latest legal updates for December 2022.

Financial Service

Technical Note No. 1/2022 — Clarification on Licensing Requirements for Persons Offering Digital Investment Advice

Guidelines on Market Conduct and Business Practices for Investment Analysts and Their Analysts

Revision to Guidelines on Digital Assets

Exposure Draft on Capital Adequacy Framework (Basel III — Risk-Weighted Assets) — Exposures to Central Counterparties

Islamic Financial Services (Minimum Amount of Capital Funds) (Approved Person) (Amendment) Order 2022

Tax & Revenue

Updates on Incomes Tax rules and Public Rulings

Updates on Sales Tax Regulations and Orders