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The Central Bank of the UAE (CBUAE) has announced the issuance of a Small to Medium Sized Enterprises (SMEs) Market Conduct Regulation to promote best practices among licensed financial institutions (LFIs) when engaging with SMEs.
The Large-Value Payment Systems (LVPS) Regulation and the Retail Payment Systems (RPS) Regulation aim to promote robust financial infrastructure, which is essential for financial stability and consumer protection. They also facilitate the UAE’s international competitiveness.
The total value of fund transfers among the UAE’s banks amounted to Dhs745.27 billion in January 2021, according to the statistics released by the Central Bank of the United Arab Emirates.
The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by the Central Bank of the UAE have shown.
The Governor of the Central Bank of the UAE (CBUAE) has appointed Ali Faisal Ba’Alawi as Head of the UAE Financial Intelligence Unit (FIU). This appointment represents the next step in the implementation of the UAE’s National AML/CFT Strategy
As part of its commitment to the UAE’s Emiratisation agenda, the Central Bank of the UAE (CBUAE) will participate in the 17th annual Tawdheef exhibition from 13th to 15th November 2023,
Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), on Monday conducted the first quarterly meeting this year with the CEOs of the largest banks operating in the UAE.
The UAE insurance sector continued to grow in the fourth quarter of 2023 (Q4, 2023), as reflected by increase in the gross written premiums.
The total foreign assets of the Central Bank of the UAE (CBUAE) surpassed the Dhs700 billion mark at the end of February 2024, for the first time in its history,