Regulation, Risk & Compliance
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UAE Central Bank suspends licence of insurance company Yas Takaful
The UAE Central Bank has suspended the licence of insurance company Yas Takaful for non-compliance with the country's regulatory framework, it said on Monday. "Yas Takaful remains liable for all rights and obligations arising from insurance contracts concluded before the suspension," the Central Bank said in a statement. The regulator,…
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