Stephenson Harwood Middle East LLP is a notable player in the UAE financial services market, providing guidance on business establishment, expansion, licensing, and compliance. The firm also maintains a prominent fintech practice, advising start-ups and established industry players on online payment services, digital assets, and blockchain matters. Team lead Philip Clarke offers a well-rounded contentious and non-contentious practice backed by strong regulatory expertise. The addition of John Lewis from Charles Russell Speechlys LLP in March 2024 further enhances the firm’s capabilities in disputes and investigations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team is responsive, commercial and has sound experience in financial services as a subject, as well as in context of the market in which we operate.'
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Key clients

  • Profision Shipping Capital Management Limited
  • ICICI Bank Limited, DIFC Branch
  • MOG Holding Limited
  • Lexim Trading DMCC
  • Former senior manager of the Abraaj Group
  • Deutsche Bank
  • TransAsia Private Capital Limited
  • Vision Bank Limited

Work highlights

  • Advising Lexim, a non-manufactured precious metal, specifically gold, trader in the DMCC, in relation to the set-up and development of their revolutionary gold backed digital asset platform, which includes minting crypto tokens that are collateralised against gold held by its sister company to be traded on a proprietary basis.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Philip Clarke

Other key lawyers

John Lewis