New employment regulations and employment law changes come into effect in the Dubai International Finance Centre (DIFC) from 1 February 2020, as part of the newly introduced DIFC Employee Workplace Savings (DEWS) scheme replacing End of Service benefits.

The new regime means employers in the DIFC and Gulf region will have more flexibility and options available to them regarding the provision of defined benefit or defined contribution schemes for employees.

These changes are a positive opportunity for Jersey firms which can offer a variety of services, including international savings plans (ISPs) to employers in the DIFC provided the various conditions are met. DIFC employers can apply to the DIFC Authority for certificates of compliance in respect of Qualifying Schemes before 31 March 2020.

Jersey Finance would be delighted if you could join us, to highlight the opportunities in this area by linking employee savings experts from Jersey with DIFC and Gulf-based employers, and with DIFC agents as their potential local partners.

The seminar will provide an overview of how ISPs are run, based on international standards. Our expert panel will also share best practice and provide insights in relation to experience of the relevant processes so far.

Shiraz Sethi

Shiraz Sethi Middle East Managing Partner, DWF Law

Shiraz is highly rated for his contentious and non-contentious employment work and advises multinationals and local companies on all aspects of UAE Labour Law and DIFC Employment Law issues. His practice covers both contentious and non-contentious employment matters. From a non-contentious perspective, he regularly advises on offer letters, employment, consultancy and secondment contracts; provides advice on immigration and visa requirements; medicals and certification of documents; and frequently reviews employee handbooks and company policies to ensure they are updated and in accordance with the local legislation. He also has extensive experience advising on terminations and the visa cancellation process, and specialises in running complex disciplinary procedures from commencement through to completion.

Thenji Moyo

Thenji Moyo Legal Director / Co-Head of Employment, DWF Law

Thenji has extensive experience working in employment law advising blue chip, multinational, regional, local and private clients from all industry sectors. She advises on complex employment issues, which include global mobility of employees, cross-jurisdictional matters including temporary assignment, secondment, cross border engagement. Thenji has particular expertise in advising on all HR issues including recruitment, termination, employment disputes, corporate reorganisation, mergers and acquisitions, terms and conditions, company policies and procedures. Thenji works closely with the employment local litigation counsel to file employment claims at the Dubai Courts via the Ministry of Human Resources and Emiratisation and she is a legal practitioner registered with the DIFC Courts.