Regulatory Alert: Escrow Accounts Mandated - Insurance Laws and Products
The United Arab Emirates Central Bank (CBUAE) have issued Notice No. CBUAE/BSD/2022/4708, dated 22 November 2022 in respect of "Activating the Requirements of Escrow Account for Funds & Premiums of Insurance Companies" (the "Notice").
United Arab Emirates Central Bank Funds Premiums Of Insurance Companies Health Insurance Third Party Administrators Regulatory Alert Escrow Accounts Mandated Insurance Agents
Source: mondaq.com