RedSea Law Firm
Schedule 5

Six subjects. Each verified against the issuing body’s own publication on 13–14 August 2026.

One subject was withdrawn on that check. It asserted a revision to the Financial Institutions Law that the Central Bank does not publish.

Somalia has no consolidated statute book, no national gazette online and no legal information institute. Every claim here is therefore sourced to the regulator that issued it.

§8

Insights

Built and empty
8.0

This section is built and it is empty, which is the honest state of it. The subjects below were chosen because searching for them today returns the regulator, a multilateral or a foreign commentator, and no Somali firm. Each will carry a byline, a partner review and the date the law was stated to be current. Regulatory writing without those three things is not worth publishing.

8.1
Takaful

The Takaful Licensing Regulations: what an insurer has to have in place

CBS/TAK/REG/01, dated 31 May 2025

Published with its own citation, applicability and commencement provisions, and accompanied by capital, solvency and financial reporting regulations. No firm has written on any of them.

8.2
Telecommunications

The NCA's Quality of Service and Consumer Protection Regulations

Published 8 July 2026

Two consultations were run on these and nothing has been written about either. The obligations they create on operators outlast the consultation window.

8.3
Data protection

Registering with the Data Protection Authority: who must, and by when

Law No. 005 of 2023; Regulations approved by the Council of Ministers, 5 January 2026

The regulations under the Act are now approved, and the Authority publishes numbered forms. The firm sells DPO as a Service; this is the piece that demonstrates it.

8.4
AML and CFT

The 2025 AML/CFT amendments, article by article

AML/CFT Amendment Act 2025, English translation

Inserts new articles into the principal Act. The translation is the only version most readers will find, and it should not be read as the authentic text.

8.5
Companies

Beneficial ownership registration: what has to be filed, and by whom

Beneficial Ownership Regulation, LR.167

Ministry of Commerce and Industry. Directly relevant to every licence application that has a fit-and-proper stage.

8.6
Arbitration

Choosing a seat: what a Somali arbitration clause should say

Practice note

The question every counterparty's foreign counsel asks before signing.

Instruct the firm