Recent amendments to the UAE's civil recovery procedure have clarified how cross-border fraud claims are handled where assets or defendants sit outside the jurisdiction where the fraud originated. For victims pursuing recovery, the practical effect is a clearer path to enforcing judgments across GCC member states, provided the underlying claim is filed correctly and within the applicable limitation period.
Our view: this is a meaningful improvement for cases involving brokers or operators registered in one jurisdiction while marketing to clients in another — a pattern we see constantly in unregulated forex and investment fraud.