Browsing: Federal Decree-Law No. 48 of 2023

Banking

CBUAE Enforces Sanction on UAE Insurance Firm

The Central Bank of the UAE (CBUAE) has issued an administrative penalty against an insurance company operating within the UAE, in accordance with Article 33 (2) (a) of Federal Decree-Law No. (48) of 2023, which governs the Regulation of Insurance Activities.