Regulation, Risk & Compliance
Retail Banking
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UAE to impose new rules on mandatory reserves for financial institutions – state media
The United Arab Emirates Central Bank said on Thursday that from Oct. 28, it will introduce new regulations on reserve requirements for deposit-taking financial institutions, according to the state news agency (WAM). The central bank said these institutions will be allowed to draw on up to 100% of their reserve…
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Click here to read the full story: Reuters