Page 30 - ICAI Newsletter - 1st Quarter 2024

Event Recap Event Recap

Issue from 01 April 2024 to 30 June 2024 (for private circulation only) Issue from 01 April 2024 to 30 June 2024 (for private circulation only)

Changing Dynamics of International Business
Laws & Currency Markets

8 June 2024
th
The dynamics of international as data privacy, cybersecurity, and cryptocurrencies and digital payment
business laws and currency markets intellectual property rights. Countries systems has added a new dimension
are constantly evolving, driven are increasingly recognizing the need to the currency markets, challenging
by globalization, technological to adapt their laws to accommodate traditional regulatory frameworks and
advancements, and geopolitical shifts. the complexities of the digital economy raising questions about the future of
In recent years, there has been a and protect the interests of businesses financial transactions.
growing trend towards harmonization and consumers in an interconnected
of business laws across borders world. As businesses navigate the changing
to facilitate trade and investment. landscape of international business
International agreements such as free In parallel, the currency markets have laws and currency markets, flexibility,
trade agreements and bilateral treaties experienced significant fluctuations adaptability, and a deep understanding
have played a crucial role in streamlining due to various factors, including of global trends are essential. This
business regulations and creating a economic indicators, geopolitical event was conducted on 08th June
more conducive environment for cross- events, and market sentiment. 2024 where in our speakers Dr. CA M.
border commerce. Central banks play a pivotal role in R. Venkatesh Advocate CA Ashwani
influencing currency values through Taneja kept our members glued to the
Moreover, the rise of digital transactions monetary policies such as interest subject matter and kept the sessions
and e-commerce has necessitated rate adjustments and intervention engaging and interesting.
updates to existing legal frameworks in foreign exchange markets.
to address emerging issues such Moreover, the growing popularity of

1 QUARTER RECAP
30 www.icaidubai.org ST 01 April 2024 to 30 June 2024