Loan origination and similar upfront lending fees should generally be deferred and recognised over the loan term through the Effective Interest Rate (EIR) method under IFRS 9, unless they relate to distinct services that fall under IFRS 15.

The article highlights how aerospace is becoming a structurally growing, highly regulated global ecosystem and argues that early, well-structured governance, tax, and cross-border execution is critical for investors and operators to capture long-term opportunities while avoiding regulatory and operational risks.

The UAE Ministry of Human Resources & Emiratisation (MOHRE) has issued Ministerial Resolution No. (0340) of 2026, repealing Ministerial Resolution No. (598) of 2022, which had previously consolidated earlier WPS regulations

The right UAE business structure depends on aligning commercial objectives, tax efficiency, and regulatory requirements across mainland, free zone, DIFC, or ADGM frameworks.

The article outlines the DFSA’s major 2025–2026 regulatory reforms, including new prudential, client asset, crypto token, and operational risk requirements that shift greater accountability onto regulated firms. It also highlights how firms can strategically prepare for these changes through stronger governance, compliance frameworks, capital modeling, and audit readiness support from Baker Tilly UAE.

The UAE has risen to the challenge of aligning with global tax standards while encouraging innovation

Effective 14 April 2026, the UAE has revised its tax violations framework under Cabinet Decision No. 129 of 2025 to enhance compliance and simplify the penalty structure.  Below is a summary of the key amendments introduced under the revised framework.

The 2026 global economy is marked by volatility, supply chain disruption, inflation, and shifting investor sentiment. In the UAE, its open, globally connected economy heightens both impact and exposure, increasing pressure on governance. At Baker Tilly UAE, we believe boards and audit committees must strengthen GRC oversight. This article highlights the key risks and priority actions for UAE boards.

This article summarises the Dubai Financial Services Authority’s (DFSA) thematic review of compliance arrangements across fintech firms in the Dubai International Financial Centre (DIFC) and outlines practical actions fintech leaders can take. The review covers a broad range of business models (including crowdfunding and money services) and assesses how firms structure, resource, and operationalise compliance.

The UAE’s resilience, positivity and commitment to innovation bode well for its future

Beyond compliance, audit quality is about courage, honesty, confronting truths