Action required Financial services Central Bank of UAE
Financial services
129Banking supervision, insurance, capital markets and AML/CFT — CBUAE, SCA, FSRA.
August 2025
Action required Financial services Central Bank of UAE
Central Bank suspends YAS Takaful PJSC licence — insurance sector — effective immediately
July 2025
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
June 2025
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
May 2025
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
April 2025
Action required Financial services Central Bank of UAE
Central Bank revokes licence of Dynamics Insurance Brokers — insurance sector — effective immediately
March 2025
Action required Financial services Central Bank of UAE
Central Bank imposes financial sanctions on 5 banks and 2 insurers for CRS/FATCA violations
November 2024
Action required Financial services Central Bank of UAE
Central Bank suspends Al Razouki Exchange currency system — money services operators — effective immediately
October 2024
Action required Financial services Central Bank of UAE
CBUAE prohibits takaful insurer from issuing new contracts
September 2024
Action required Financial services Central Bank of UAE
National AML/CFT committee replaces executive office — all financial institutions — immediate
August 2024
Action required Financial services Central Bank of UAE
Central Bank revokes Muthoot Exchange licence — money exchange operators — effective immediately
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