KARM Legal Consultants PVT Limited, a UAE legal consultancy specializing in crypto and tokenization, NFT, blockchain, fintech, gaming, privacy/cyber laws, to name a few, is delighted to be Gulf News` legal partner at this exciting event focused on all things Web3. As a member of KARM, he advises and assists in all areas of KARM`s activities. He is responsible for drafting and reviewing various business agreements and other legal documents, including shareholder agreements, share subscriptions, joint ventures, future share sales, collaborative agreements, licensing agreements, legal opinions and the conduct of legal due diligence. In addition, it guides clients to various regulatory compliance and licensing requirements in the UAE, Mainland and Frank, including specific bids such as economic substance. KARM operates as a digital native legal consulting firm rather than a traditional law firm As lawyers and technology enthusiasts, we constantly work with our clients and the legal fraternity to develop, innovate and inspire trends, policies and debates in today`s rapidly changing legal landscape, and have often been considered thought leaders in our field. KARM Legal has been active in its efforts to expand and diversify its partnerships in cryptography, blockchain, tokenization, FinTech, NFT, electronic gaming, crowdfunding and emerging technologies, as well as regulatory compliance. The company was founded because of the need to incorporate technology and code into law. KARM Legal operates as a native digital legal advisor and not as a traditional law firm. Kokila is the founder of KARM Legal Consultants and has 15 years of experience as a corporate, commercial and technology lawyer in the UAE.
She has extensive experience in investments, start-ups, joint ventures, project finance and private equity transactions. She has actively advised on acquisition financing, project finance, corporate restructurings, real estate financing and asset finance transactions. At KARM, she provided legal advice to clients with highly specialized technology offerings, including companies focused on medical and insurance technologies. KARM Legal Consultant PVT Limited, a UAE-based legal advisory firm specializing in blockchain, fintech and privacy/cyber laws, has announced a partnership with ScaleCompliance GmbH, based in Switzerland, to provide crypto compliance services. The partnership includes collaborations in cryptography, blockchain, tokenization, fintech, NFT, electronic gaming, crowdfunding and emerging technologies, as well as regulatory compliance. Officially unveiled at the Global Legal Forum on August 23, 2018, KARM`s journey has been one of constant innovation and overcoming glass ceilings. Our founder, Kokila Alagh, opened the firm with a discussion on “The Need for Technology and Code in Law,” which has been a central theme for all our interactions since. “The team is exceptional. Kokila is a great lawyer and leader. The team is thorough, fast, precise and competent. The turnaround is quite significant.
“All of these developments require sophisticated compliance solutions and services. The new partnership will ensure that the growth of the crypto ecosystem is complemented by the protection of users and institutions,” Alagh added. The UAE aims to be a technology-driven country in the coming years, and our team is constantly working towards this goal by looking at innovation and developments not in isolation, but in line with our clients` broader business prospects. ScaleCompliance is described with over 50 years of experience in finance, fintech, law and technology. ScaleCompliance has experience in Switzerland and offers a KYC/AML platform worldwide, while providing crypto wallet and transaction filtering services, as well as client onboarding assistance. From start-ups to market leaders, our services are tailored to impact, regardless of size. We thrive on challenges and operate at the cutting edge of technology, which requires agile and contemporary solutions due to the rapidly changing nature of the landscape. This has often brought us to the forefront of policy and regulatory debates and positioned us as a leader in new business models. The UAE has become a leading hub in the fields of blockchain and crypto assets. Recent research conducted by Triple A indicates that the UAE has 152,077 crypto holders, or 1.54% of the population.
In addition, the UAE has expanded its blockchain, fintech, and crypto asset regulations over the past few years and now has more than four regulated exchanges, in which crypto exchange Binance is also showing interest. Kokila is very knowledgeable and insightful. The team seems to have a lot of insider knowledge about fintech in the region, including what`s happened recently in terms of regulation, startups, etc. This helps them look at each case from different angles and come up with creative solutions. KARM Legal has actively sought to expand and diversify its partnerships (a) Fintech (b) Blockchain/Tokenization (c) Games (d) Privacy (e) Regtech (f) Medtech (g) Proptech (h) Insuretech (i) Artificial Intelligence (j) Robo-Advisory and Robotics (k) Games (l) Policy and governance design and advice (m) Training and education workshops Kokila Alagh, Founder and CEO of KARM Legal, commented: “We believe in cultivating a diverse corporate culture and this collaboration represents a unified business front that will complement our business and increase our success.