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UAE central bank insurers hit with advice liability notices

Life insurers authorised by the Central Bank of the UAE (CBUAE) have been told that they are liable for the advice given by distributors of their products. This comes after the Insurance Authority (IA) merged with the CBUAE in October 2020. The CBUAE sent a notice on 2 September 2021,…

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Click here to read the full story: International Adviser

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