Central Bank imposes AED 18.1M sanctions on two foreign bank branches
The Central Bank of the UAE (CBUAE) has imposed financial penalties totalling AED 18.1 million on two branches of foreign banks for regulatory violations. The sanctions reflect breaches of CBUAE compliance requirements and supervisory standards. Affected institutions must settle penalties immediately and remediate underlying violations as directed by the regulator.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Affected bank branches must comply with penalty settlement and any remediation orders issued by CBUAE. Other financial institutions should review their own compliance posture against CBUAE standards.
Source
“The Central Bank of the UAE (CBUAE) has imposed financial penalties totalling AED 18.1 million on two branches of foreign banks for regulatory violations.”
— Central Bank of UAE, 28 May 2025
Source: Central Bank of UAE — official 28 May 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Affected bank branches must comply with penalty settlement and any remediation orders issued by CBUAE. Other financial institutions should review their own compliance posture against CBUAE standards.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
28 May 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-imposes-financial-sanctions-of-aed-18-1-million-on-two-branches-of-foreign-banks-operating-in-the-uae/
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