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Compliance
UAE President issues new law on Central Bank, financial entities
UAE promulgated a federal law by the President of the UAE on the Central Bank, and Regulation of Financial Institutions and Insurance Business . The UAE President Sheikh Mohamed bin Zayed Al Nahyan issued the law included several articles which
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UAE imposes Dh3.5-million fine against exchange house
The United Arab Emirates (UAE) is slapping an exchange house with a penalty of Dh3.5 million, which was advertised internationally by the Central Bank of the UAE (CBUAE) earlier this week. The zero-sum loss of wealth inflicted on the
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US Coinbase hack sparks concerns among UAE crypto investors
Thursday’s cyberattack on Coinbase, the largest digital currency exchange in the United States, has raised new concerns for cryptocurrency investors in the UAE, striking a nerve in the numerous risks that exist with centralized
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UAE revokes permit of insurance broker for violating licensing laws
The licence of Dynamics Insurance Brokers was nullified by the Central Bank of the UAE (CBUAE), which, following an internal investigation, referred
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DFSA shuts down Dubai company for non-compliance
The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from the Dubai International Financial
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