Tag: UAE Central Bank

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UAE Central Bank Suspends Yas Takaful Licence Over Compliance Failures

The UAE Central Bank has suspended the licence of insurance provider Yas Takaful after the company failed to meet regulatory requirements. In its statement, the...

UAE Central Bank Cracks Down with Dh18.1 Million Fines on Foreign Banks for AML Failures

The Central Bank of the UAE (CBUAE) has taken decisive action to uphold the country’s financial integrity by imposing Dh18.1 million in fines on...