The Central Bank of the UAE (CBUAE) on Tuesday announced the removal of the board of directors of an insurance company and replaced it with a temporary com..
Mohamed Al Ansari, chairman of the Foreign Exchange and Remittances Group (FERG), expects the UAE will come out of the Financial Action Task Force (FATF) g..
Penalties by the CBUAE take into account the banks’ failures to comply with the instructions not to grant any loans or credit facilities to the beneficiaries