Investment Banking
Regulation, Risk & Compliance
Uncategorized
UAE Central Bank stops sale of savings/investment and Takaful/Insurance products
The circular states that the UAE Central Bank has received an increasing number of complaints in relation to savings/investment and insurance/Takaful products. “The Central Bank observed a common theme with complaints of mis-selling of these products, which are complex in nature and are not well understood. We observed that staff…
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