In a statement on Friday, the bank said that the administrative sanction is a result of the findings of an examination conducted by the CBUAE, which found that Galaxy had a weak…
Tag: revokes
UAE Central Bank revokes Cogent Insurance Broker's license for 'weak' compliance
Dubai: Weak compliance has led to the license of Cogent Insurance Broker being revoked by the UAE Central Bank. The latter had earlier conducted an assessment of the company’s operations, which found that…