At a board meeting of the Central Bank of the UAE held on Tuesday at Qasr Al Watan in Abu Dhabi, the CBUAE sanctioned a set of new financial regulations.
In Dubai, the Central Bank of the UAE’s Board of Directors approved three new regulatory frameworks for insurance licensing, insurance brokerage and telemarketing, signalling an important enhancement in oversight of the financial and insurance sectors.
These approvals are intended to boost consumer protection, sharpen market efficiency and bring the regulatory environment into line with Cabinet Resolution No. (56) of 2024 on telemarketing rules.
The updated regulations form part of wider efforts to modernise regulatory standards across banking and insurance, while promoting financial stability and long‑term sector growth.
The Board authorised the introduction of three specific rules — the Insurance Licensing Regulation, the Insurance Brokers’ Regulation and the Telemarketing Regulation.
These regulations are designed to revise licensing criteria, tighten oversight of insurance intermediaries and govern telemarketing activities within the financial sector.
According to the Central Bank, the measures will help foster a more transparent and efficient market framework while protecting consumer rights.
The decisions were made at a CBUAE board meeting in Abu Dhabi this Tuesday, chaired by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Central Bank’s Board of Directors.
