நுகர்வோர் ப்ரொடெக்ஶந் ஒழுங்குமுறை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from நுகர்வோர் ப்ரொடெக்ஶந் ஒழுங்குமுறை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In நுகர்வோர் ப்ரொடெக்ஶந் ஒழுங்குமுறை Today - Breaking & Trending Today

UAE: New banking guidelines to protect consumers


UAE: New banking guidelines to protect consumers
Waheed Abbas/Dubai
File photo
Banks, financial institutions will have to incorporate principles of responsible financing.
The UAE Central Bank has issued its first comprehensive financial consumer protection regulatory framework that defines the relationship between banks, financial firms and consumers.
Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank, said the financial sector in the UAE is growing and expanding in terms of diverse products and services and technology all of which add to the complexity for consumers to make the right decision. The new framework will ensure the protection of financial consumers and strengthen confidence in the sector. ....

Abdulhamidm Saeed Alahmadi , Central Bank , Governor Of The Central Bank , Consumer Protection Regulation , Licensed Financial Institutions , Consumer Protection , மைய வங்கி , கவர்னர் ஆஃப் தி மைய வங்கி , நுகர்வோர் ப்ரொடெக்ஶந் ஒழுங்குமுறை , உரிமம் பெற்றது நிதி நிறுவனங்கள் , நுகர்வோர் ப்ரொடெக்ஶந் ,

Central Bank issues UAE's first financial consumer protection framework


“As a result, CBUAE has issued [the] UAE’s first comprehensive financial consumer protection regulatory framework that defines the relationship between the financial and banking service providers and consumers in order to ensure the protection of financial consumers and continued confidence in the sector.”
The new measures are designed to improve the quality of information provided by financial institutions about products and services, as well as offering a more effective and efficient way of settling disputes, the regulator said.
This includes a requirement for banks and financial institutions to put in place an independent and fair complaint resolution system to receive and address consumer complaints, it added. ....

Al Ahmadi , Abdulhamid Saeed Alahmadi , Central Bank , Consumer Protection Department , Saeed Al Ahmadi , Consumer Protection Regulation , Consumer Protection , Targeted Economic Support Scheme , Felicity Glover , Personal Finance , Uae Central Bank , Consumer Protection Law , மைய வங்கி , நுகர்வோர் ப்ரொடெக்ஶந் துறை , நுகர்வோர் ப்ரொடெக்ஶந் ஒழுங்குமுறை , நுகர்வோர் ப்ரொடெக்ஶந் , இலக்கு பொருளாதார ஆதரவு திட்டம் , வாழ்த்து குளோவர் , தனிப்பட்ட நிதி , அயே மைய வங்கி , நுகர்வோர் ப்ரொடெக்ஶந் சட்டம் ,