Hedge Funds & Alternative Investments
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UAE Central Bank issues 'Dormant Account Regulation'
The Central Bank of the UAE has issued the “Dormant Accounts Regulation”, which intends at establishing a framework for the control and protection of dormant funds held in banks. “To ensure the funds in dormant accounts are kept safe and available whenever the customer seeks repayment, banks are expected to…
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Click here to read the full story: Gulf News