KHALEEJ TIMES, Thursday, Sep 23, 2021 | Safar 16, 1443
DIFC's amended employment laws to come into effect soon
Emirates:
Dubai International Financial Centre (DIFC) said on Wednesday that its amended
employment law and regulations would be coming into effect soon.
The UAE Vice President and Prime Minister, His Highness Sheikh Mohammed bin
Rashid Al Maktoum, in his capacity as the Ruler of Dubai, has enacted the
Employment Law Amendment Law No. 4 of 2021, which makes amendments to the
Employment Law, the region's leading international financial hub said in a
statement.
"The Board of Directors of the DIFC Authority also issued new Employment
Regulations, which brings the Qualifying Scheme regime under the employment law
in line with DFSA's Employee Money Purchase Scheme, so that only a single layer
of regulation is applied to these schemes," it said.
The amendments to the employment law clarify the application of limitation
periods to claims, the accrual of vacation leave, the duration of the
probationary period for short-term fixed-term contracts, and certain defined
terms used in the law. The amendment also modifies the basic workplace health
and safety requirements to account for working from home arrangements.
The statement said that the amendments reflect the centre's continuing
commitment to maintaining a transparent and robust legal and regulatory
framework aligned with global best practice.
Initially proposed in March this year, the enactment of amendments was aimed at
enhancing the regulatory framework in DIFC, keeping it in line with
international best practice.