Action required Financial services Central Bank of UAE
Business & markets
190Company law, tax and the financial regulators — what changed for anyone running or banking a UAE business.
Action required Financial services Central Bank of UAE
Central Bank revokes Malik Exchange licence and imposes AED 2M fine
Action required Financial services Central Bank of UAE
Central Bank suspends YAS Takaful PJSC licence — insurance sector — effective immediately
Action required Financial services Central Bank of UAE
Central Bank revokes licence of Gomti Exchange — money transfer operators
Action required Financial services Central Bank of UAE
Central Bank revokes Al Nahdi Exchange licence — money services operators
Action required Financial services Central Bank of UAE
Central Bank suspends motor insurance business of foreign insurer branch
Action required Financial services Central Bank of UAE
Central Bank revokes licence of Al Khazna Insurance Company — policyholders and agents — immediate effect
Action required Financial services Central Bank of UAE
Central Bank imposes AED 4.1M sanctions on three exchange houses — compliance violations
Action required Financial services Central Bank of UAE
Central Bank suspends Islamic window customer onboarding for six months — unnamed bank — effective immediately
Action required Financial services Central Bank of UAE
Central Bank revokes Sundus Exchange licence and imposes AED 10M fine
Action required Financial services Central Bank of UAE
Central Bank imposes AED 12.3M sanctions on six exchange houses — compliance violations
Action required Financial services Central Bank of UAE
Central Bank imposes AED 18.1M sanctions on two foreign bank branches
Action required Financial services Central Bank of UAE
Central Bank imposes AED 200M sanction on exchange house — compliance breach
Action required Financial services Central Bank of UAE
Central Bank revokes licence of Dynamics Insurance Brokers — insurance sector — effective immediately
Action required Financial services Central Bank of UAE
Central Bank imposes financial sanctions on 5 banks and 2 insurers for CRS/FATCA violations
Action required Financial services Central Bank of UAE
Central Bank suspends Al Razouki Exchange currency system — money services operators — effective immediately
Action required Financial services Central Bank of UAE
CBUAE prohibits takaful insurer from issuing new contracts
Action required Financial services Central Bank of UAE
National AML/CFT committee replaces executive office — all financial institutions — immediate
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