Regulation, Risk & Compliance
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UAE Central Bank suspends licence of YAS Takaful over regulatory breaches
The Central Bank of the UAE (CBUAE) on Monday (August 18) announced that it suspended the licence of YAS Takaful PJSC due to the firm's failure to comply with regulatory requirements for insurance companies in the UAE. Despite the suspension, the company remains legally obligated to fulfill all commitments related…
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Click here to read the full story: Khaleej Times