An investigation revealed the insurer had ‘deficiencies in its regulatory policies and procedures’ and which were in violation of the ‘Guidance on the Personal Data’ collected for insurance policies dated April 18, 2022….
Tag: sanctions
UAE Central Bank imposes financial sanctions on a bank over illegal financing policies
The CBUAE, through its supervisory and regulatory mandates, works to ensure that all banks, their owners and staff abide by the UAE laws, regulations and standards adopted by the CBUAE to safeguard…