Regulation, Risk & Compliance
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UAE Central Bank bans insurance firm from issuing new policies for violating laws
The Central Bank of the UAE on Thursday announced that it had imposed an administrative sanction on an insurance company for failure to meet its regulatory obligations. Starting from May 18, 2022, the regulator prohibited the company from issuing additional insurance policies to new customers for one year. This is…
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Click here to read the full story: Khaleej Times