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CBUAE extends several measures of TESS initiative until 2022

The Central Bank of the UAE (CBUAE) has extended various measures of its Targeted Economic Support Scheme (TESS) until 30 June 2022 to support...

CBUAE’s new mBridge project report emphasizes cross-border fund transfer

The Central Bank of the UAE (CBUAE) has released an official statement on its joint "mBridge" project with the Bank for International Settlements (BIS),...

UAE’s Finance Ministry transfers its eDirham platform to CBUAE

UAE Ministry of Finance (MoF) has signed a memorandum of understanding (MoU) with the Central Bank of the United Arab Emirates (CBUAE) to transfer...

CBUAE sets up new center to protect financial sector from cyberattacks

The Central Bank of the United Arab Emirates (CBUAE) has established a new CBUAE Networking and Cyber Security Operations Center to improve the protection...

CBUAE, ADGM collaborate to propel fintech growth in UAE

The Central Bank of the UAE (CBUAE) and Abu Dhabi's renowned international financial center and free zone Abu Dhabi Global Market (ADGM), have entered...

CBUAE issues new AML/CFT guidelines for licensed financial institutions

The Central Bank of the UAE (CBUAE) has issued new guidelines to help licensed financial institutions (LFIs), which offer services to cash-intensive businesses (CIB),...

Executive Office of AML/CTF hailed UAE’s efforts to fight money laundering

The Executive Office of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) hosted a team from the General Secretariat of the Gulf Cooperation Council (GCC)...

CBUAE nods for Wizz Financial’s acquisition of UAE Exchange

The Central Bank of the United Arab Emirates (CBUAE) has given in-principle approval for the leading fintech Wizz Financial to buy 100 percent of...
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