22 Apr 2020
Dear SEO Letter: Regulatory Relief...
The DFSA remains committed to
supporting the community...
All entities registered with the Ministry of Human Resources and Emiratization (the “Ministry”) in respect of their relations with non-UAE national employees, if affected by the precautionary measures taken in relation to COVID-19, and when looking to restructure their employment conditions, are allowed to take certain measures according to the sequence of actions listed below and in agreement with the non-UAE national employees they have:
Such entities should also register any redundant workforce they have on the Virtual Labour Market (accessible from the Ministry’s website) to enable them to be recruited by other employers.
Not applicable for firms within DIFC.