Regulation, Risk & Compliance
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Central Bank of UAE issues specialised banks with low risk regulation
The Central Bank of the UAE (CBUAE) has issued a new regulation covering licensing, prudential and conduct requirements for banks. Specialised banks are licensed under the CBUAE’s new regulation and are allowed to practice different financial activities to serve the local community, such as account opening, card issuance, and retail…
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Click here to read the full story: Gulf News