KARM Legal Consultants has carved out a niche in the virtual assets space, often acting for start-ups and fintech clients on various issues. Kokila Alagh is skilled at advising overseas corporates on establishing operations in the UAE, guiding these entities through licence applications, contract and document reviewing, and compliance concerns. Akshata Namjoshi has an impressive track record setting up cryptocurrency exchanges and the deployment of public and enterprise blockchain and Soumya George is predominantly focused on regulatory filings.
Testimonials
Collated independently by Legal 500 research team.
- ‘KARM Legal's team maintain a very close eye on the most recent updates in the regulations, open discussions and public consultations issued by the local regulator. This puts them in a very good position to provide sound and concise advice to their clients.’
‘Very Punctual and clear in their communications’
‘Understanding regulations is the key area for any Legal Consulting Firm. The KARM Team has excellent intellectual capabilities to advise, guide, and suggest the way forward. The communication with the regulators on behalf of the client is praiseworthy.'
‘At the individual level, we found each one of them is competent, conversant, confident, and convincing with the regulatory perspective in UAE.’
Key clients
- Dexy
- Finflx
- BNS
- Founders and Co
- Edenred
- iBnk
- Alif Bank
- OTC Supply
- BPRO
- XFlow
Work highlights
- Advised BNS on the end-to-end licensing process, including drafting the required policies and manuals, advising the client on the regulatory framework of CBB and representing the client before the CBB.
- Undertaking the legal feasibility analysis of launching virtual assets products under the laws of the UAE mainland for a leading commercial bank in UAE.
Practice head
The lawyer(s) leading their teams.
Kokila Alagh, Akshata Namjoshi, Soumya George