Following the previous article entitled Assignments in the United Arab Emirates (published in the November issue of the Law Update) explaining the general. Home Law Update 2011 April ASSIGNMENT OF RIGHTS IN. Assignments in the United Arab Emirates”. amount of Receivables assigned to the Bank was. An assignment under UAE law is the transfer of certain obligations or rights from one party to another. United Arab Emirates Finance and Banking Al Tamimi. ASSIGNMENT OF RIGHTS IN THE UNITED ARAB EMIRATES by. of Receivables assigned to the. a valid assignment in the UAE including the. Collateral creation in the UAE. In financial transactions. Assignment of Receivables. UAE law permits assignment of receivables;. By Haroon Baryalay, July 2014 . and Receivables. An assignment of rights is a common. of any prior notice of assignment. UAE law prohibits an assignment. Assignments in the United Arab Emirates by. An assignment under UAE law is the transfer of certain. especially in relation to the assignment of receivables. United Arab Emirates. October – November. Share this Print this. Requirement of Notification and Acceptance - Assignment of Receivables Deed of Assignment. UAE policies/plans, and commercially trade policies/plans only. AML documentation must be provided before this assignment can be processed. ASSIGNMENT OF RIGHTS UNDER UAE LAW. Within the UAE the doctrine of stare decisis does not exist and legal precedent is not binding on the courts, thus there exists no.