On June 20, 2025, the UBA Compliance Committee, together with the UBA Lviv Branch, successfully hosted an online event titled: “Compliance in the UAE: Committee Meeting”.

The keynote speaker was Olena Shyrokova — a licensed attorney, expert in corporate and contract law, co‑founder of the Ukrainian‑Arab Business Chamber, and President of the Ukrainian Business Council in the UAE. Thanks to her extensive practical experience in Middle Eastern markets, the presentation was rich in practical case studies, analytical insights, and actionable recommendations for Ukrainian entrepreneurs considering expansion into the UAE.

The event was moderated by:

Halyna Voloshyn, Deputy Head of the UBA Compliance Committee, Attorney, Compliance Officer at Rozetka

Natalia Haletska, Head of the UBA Lviv Branch, Deputy Head of the UBA International Trade Law Committee

Participants gained an in‑depth understanding of key aspects of doing business in the United Arab Emirates, including:

• Company formation in free economic zones versus onshore
• Ownership transparency requirements and 100% foreign participation rules
• Modern compliance standards, AML/KYC regulations
• Banking peculiarities and challenges with account openings
• The legal system of the UAE, including DIFC and ADGM
• Cultural norms and business ethics in the region
• Commercial dispute resolution across the Emirates

The event brought together members of the legal, business, and compliance communities from across Ukraine, sparking strong interest in future events dedicated to the legal dimensions of international business.

The Ukrainian Bar Association sincerely thanks Olena Shyrokova for an exceptionally insightful and valuable presentation, the moderators for their professional facilitation, and all participants for their active engagement and interest.