Regulatory

UAE legal framework

Nuva Resources conducts its business in accordance with the laws and regulations of the United Arab Emirates (UAE), including federal commercial, anti-money laundering, sanctions, consumer protection and data protection legislation. The Site is operated from and governed by the laws of the UAE.

DMCC membership and bylaws

Nuva Resources is based at the Dubai Multi Commodities Centre (DMCC), a globally recognised free zone and commodity trading hub. As a DMCC member company, we comply with DMCC company regulations, operating rules and anti-money laundering and counter-terrorist financing (AML/CTF) requirements.

Licensing and compliance

We maintain the licences, registrations and approvals required for our activities within the DMCC and the wider UAE. Our operations, governance and reporting are structured to meet the standards expected of an institutional commodity trading firm operating in a regulated free zone.

Anti-money laundering

Nuva Resources has implemented policies and procedures to detect, prevent and report suspicious activity in line with UAE AML/CTF laws and DMCC guidance. We conduct appropriate due diligence on counterparties, partners and transactions.

Sanctions and trade controls

We do not engage in transactions or activities that would violate applicable sanctions, embargoes or trade restrictions issued by the UAE, the United Nations, the United States, the European Union, the United Kingdom or other relevant authorities. All proposed transactions are screened against applicable restricted-party lists.

Market conduct

Nuva Resources is committed to fair, transparent and ethical market conduct. Our trading, contracting and disclosure practices are designed to comply with applicable market-abuse, fraud-prevention and commercial-integrity standards.

Reporting and cooperation

We cooperate with UAE and DMCC regulatory authorities, law enforcement and other competent bodies as required by law. We maintain records and reporting mechanisms to support regulatory oversight and audits.

No offer of securities or financial instruments

Nothing on the Site constitutes, or may be construed as, an offer to sell, a solicitation of an offer to buy, or the issue, placement or distribution of any security, financial instrument, investment product or regulated product in any jurisdiction. The Site and any information it contains are directed only at institutional and professional counterparties transacting with Nuva Resources on a bilateral, commercial basis.

Participation in Nuva Resources' water trading activities is effected exclusively through direct, bilateral commercial contracts — such as physical water supply and off-take agreements — entered into between the company and its counterparties. No securities, shares, units, notes, debentures or other transferable instruments are issued, offered, sold or distributed in connection with these activities, and no return of any kind is offered on the basis of pooled assets, managed portfolios or the efforts of a manager.

Not a collective investment scheme

Nuva Resources does not operate, manage, market or sponsor any collective investment scheme, investment fund, mutual fund, managed account or other pooled investment vehicle, whether in the UAE or in any other jurisdiction. Client and counterparty funds are not pooled with other participants' funds, no units or participation interests are issued, and no participant acquires an interest in a portfolio of investments managed by or on behalf of the company.

Any economic outcome for counterparties arises solely from the underlying physical water trading activity under their own bilateral contracts with the company, and not from the management of pooled assets or discretionary investment management. Nuva Resources does not carry on, and does not purport to carry on, any activity requiring registration or licensing as a securities dealer, investment manager, fund operator or collective investment scheme in the UAE or elsewhere. Any person who is offered, or holds out, any participation in Nuva Resources structured as a pooled investment, fund interest or security is advised that such an arrangement is not offered or authorised by the company, and should report it to the company immediately.

Governing law

These regulatory disclosures are governed by the laws of the UAE, without regard to conflict-of-law principles. Any disputes arising from the Site or our operations shall be subject to the exclusive jurisdiction of the courts and tribunals of the UAE and the DMCC dispute-resolution mechanisms, where applicable.

Contact

For regulatory questions, please contact us at legal@nuvaresources.com.