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UAE Central Bank revokes exchange company s licence over serious violations

This is the second company whose licence has been cancelled this month; another firm was fined Dh1.8 million earlier for not adhering to regulations

Al rasheedOrganisation of financial institutionsCentral bankUae central bankDecretal federal lawFinancial institutionsNti money laundering malpractice

UAE Central Bank issues statement regarding Russia s MTS Bank branch in Abu Dhabi

The Central Bank of the UAE (CBUAE) on Friday reviewed the issued statement regarding the new sanctions package on the Russian Federation, including sancti..

Russian federationAbu dhabiCentral bankUae central bankHits bank

UAE Central Bank cancels licence of health insurance company for non-compliance

The company is a third-party administration service company providing medical benefit and claims administration services

Iris health servicesCentral bankCentral bank onUae central bankCentral bank

UAE Central Bank fines firm Dh1 8 million for money laundering

It has been asked to remediate the violations as well as rectify issues related to the composition of the board of directors

Uae central bankMoney laundering

UAE Central Bank follows Fed move to hike interest rates by 25 basis points

The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 4.4% to..

Central bankUae central bankBase rateOvernight deposit facilityReserve boardReserve balancesFed rateCentral bank

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