If you would like to continue using our website after making such changes to such privacy policy, this means that you accept them. In this regard, our recently launched goAML application is a fully integrated software solution developed for the use of our Financial Intelligence Unit (FIU). The UAE’s Central Bank has announced they have issued the Consumer Protection Regulation. They issued Central Bank Circular No. Central Bank of The UAE may take the appropriate measures to protect website against any loss, abuse or change of information available on the website on the condition that Central Bank of The UAE shall not guarantee to maintain confidentiality of the website contents. ... Digging for heat: UAE's Tabreed, Masdar join hands for region's first geothermal project. Banks in the UAE are divided into two major categories: Historically, national banks (with majority national shareholding) and foreign banks existed prior to the establishment of the former Currency Board and, hence, before the Central Bank was created and commenced its operations. To mitigate the repercussions of COVID-19 pandemic, the UAE Central Bank (CBUAE) has decided to reduce by half the reserves requirements for demand deposits for all banks, from 14 per cent to 7 per cent. the Governor's Speech - … 2.3 You may download or print information and material from this Website for personal use, use within an organization or non-commercial use. As per the website the new regulation will ensure that stored value products and services are operated in a secure, sound and efficient manner in the UAE. Central Bank of The UAE shall reserve the right to make any minor or major change of privacy policy Terms and Conditions from time to time without any prior notice. The Regulatory Framework for Stored Values and Electronic Payment Systems (Regulation) issued by the UAE's Central Bank came into effect on 1 January 2017. the Governor; Speeches of the Vice Governer; FAQs; Related Links 4.2 It shall be permitted to have direct link with all pages hosted on this Website. United Arab Emirates: Mainland (Onshore): Central Bank of the UAE (CBUAE) Securities and Commodities Authority - (SCA) Insurance Authority - (IA) Free Zones: Abu Dhabi: ADGM (Abu Dhabi Global Market) - Financial Services Regulatory Authority - (FSRA) Dubai: DIFC (Dubai International Financial Center) - Dubai Financial Services Authority (DFSA) (10) of 1980. To search you simply type in the name or partial name of the financial service provider you are looking for. These Terms and Conditions apply to all visitors and users of the Central Bank of the UAE website (the "Website"). Forex Regulation In The UAE. Using the Website by any means for sending an e-mail, anything of it or on its behalf, by referring to it, or assuming the identity of its name involving offence or libel of Central Bank of The UAE, Website or any person whomsoever, announcing any untrue news or information and ascribing it to Central Bank of the UAE unlawfully. We do not contact individuals through, Facebook, Twitter, and other social media. E-mails or letters are sent proposing various schemes such as offering loans, investment opportunities or participation in financial transactions, and / or requiring an advance payment in connection with a transaction supposedly to be made through the CBUAE. Government entities. United Arab Emirates November 29 2020 The UAE Central Bank has recently issued the “Loan – Based Crowdfunding Activities Regulation” (“ Regulation ”). Pages of this Website shall be uploaded within the full window of the user or as a new one. Al Ghurair International Exchange has been regulated and licensed by the Central Bank of the UAE … 2.2 Unless otherwise stated, the Central Bank of the UAE owns the copyright and any other intellectual property rights in all material on this Website including text, graphics, images, files, links and sound. The new SVF Regulations substantially tighten up the existing regime and aim to ensure that all SVFs which are issued and operated in the UAE … The UAE’s Central Bank has announced they have issued the Consumer Protection Regulation. According to the press release the new regulation for SVFs will facilitate fintech firms … Central Bank of Trinidad and Tobago: Tunisia: Central Bank of Tunisia: Turkey: Central Bank of the Republic of Turkey Banking Regulation and Supervision Agency: Turkmenistan: Central Bank of Turkmenistan: Turks and Caicos Islands: Financial Services Commission : U : Uganda: Bank of Uganda: Ukraine: National Bank of Ukraine: United Arab Emirates Your details will be held in confidence to the fullest extent practical or allowed by law. 4.1 To meet the user needs, links for other websites have been listed on this Website. [1], Commission d'Organisation et de Surveillance des Opérations de Bourse, Australian Prudential Regulation Authority, Australian Securities and Investments Commission, Australian Transaction Reports and Analysis Centre (AUSTRAC), Financial Market Supervisory Authority of Azerbaijan, Securities and Exchange Commission (Bangladesh), International Financial Services Commission, Autoridad de Supervisión del Sistema Financiero, Securities Commission of the Federation of Bosnia and Herzegovina, Non-Bank Financial Institutions Regulatory Authority, British Virgin Islands Financial Services Commission, Brunei International Financial Center of the Ministry of Finance, Financial Supervision Commission (Bulgaria), Office of the Superintendent of Financial Institutions, Financial Transactions and Reports Analysis Centre of Canada, Financial and Consumer Services Commission, New Brunswick, Investment Industry Regulatory Organization of Canada, China Banking and Insurance Regulatory Commission, National Directorate of Taxes and Customs, Agence de Régulation des Transferts de Fonds (ARTF), Superintendencia General de Seguros (Costa Rica), Banque Centrale des Etats de l'Afrique de l'Ouest, Croatian Financial Services Supervisory Agency, Cyprus Securities and Exchange Commission, Cyprus Insurance Companies Control Service, Financial Supervisory Authority (Denmark), Financial Service Unit of the Commonwealth of Dominica, Superintendencia de Bancos de la Republica Dominicana, Superintendencia del Mercado de Valores de la Republica Dominicana, European Securities and Markets Authority, European Insurance and Occupational Pensions Authority, Financial Supervisory Authority of Estonia, Organisme pour le registre unique des intermédiaires en assurance, banque et finance (France), French Prudential Supervision and Resolution Authority, Securities and Exchange Commission (Ghana), Grenada International Financial Services Authority, Hong Kong Securities and Futures Commission, Hong Kong Mandatory Provident Fund Schemes Authority, Insurance Regulatory and Development Authority of India, Pension Fund Regulatory and Development Authority, Commissione Nazionale per le Società e la Borsa, Institute for the Supervision of Insurance, Securities and Exchange Surveillance Commission, Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations, Committee for the Control and Supervision of the Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan, Financial Market Authority (Liechtenstein), Commission de Surveillance du Secteur Financier, Labuan Financial Services Authority (Labuan FSA), Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros, National Commission for Financial Markets, Financial Regulatory Commission of Mongolia, Autorité Marocaine du Marché des Capitaux (AMMC) Ex Conseil déontologique des valeurs mobilières (CDVM), Netherlands Authority for the Financial Markets, Financial Markets Authority (New Zealand), Securities and Exchange Commission (Nigeria), National Insurance Commission (NAICOM) (Nigeria), National Pension Commission (PENCOM) (Nigeria), Securities and Exchange Commission of the Republic of North Macedonia, Financial Supervisory Authority of Norway, Securities and Exchange Commission Pakistan, Philippine Securities and Exchange Commission, Nevis Financial Regulatory Services Commission, Dirección General de Seguros y Fondos de Pensiones, Securities and Exchange Commission of Sri Lanka, Swiss Financial Market Supervisory Authority, Office of the Securities and Exchange Commission, Thailand, Trinidad and Tobago Securities and Exchange Commission, Banking Regulation and Supervision Agency of Turkey, National Securities and Stock Market Commission, Abu Dhabi: ADGM (Abu Dhabi Global Market), Dubai: DIFC (Dubai International Financial Center), Office of the Comptroller of the Currency, National Association of Insurance Commissioners, Center for Coordination and Control over Functioning of Securities Market, Securities and Exchange Commission (Zambia), International Organization of Securities Commissions, Legal Entity Identification for Financial Contracts, https://www.imf.org/external/pubs/ft/scr/2004/cr04271.pdf, "List of United States Banking Authorities", Bank of International Settlements - Regulatory authorities and supervisory agencies, https://en.wikipedia.org/w/index.php?title=List_of_financial_regulatory_authorities_by_country&oldid=999830951, Financial regulatory authorities by country, Short description is different from Wikidata, Articles containing Hungarian-language text, Articles containing Indonesian-language text, Creative Commons Attribution-ShareAlike License, National Bank of Belgium (NBB - Banque Nationale de Belgique/Nationale Bank van België), Securities and Exchange Organization of Iran, Beema Samiti (Regulator of Insurance Companies), Insurance Commission (Komisyon ng Seguro), Capital Market Association of the Eastern Caribbean, Investment sector regulator - Spanish Securities Market Commission (, Insurance sector regulator (life and general) -, In addition, each state has its own banking authority, This page was last edited on 12 January 2021, at 04:52. Check the Regulated Entities here. United Arab Emirates – the New Digital Payments Regulatory Landscape . An undertaking to provide, in case the application is approved, a bank guarantee drawn in favour of the Central Bank issued by a bank licensed in the UAE of … ... Central Bank of United Arab Emirates. Apart from this, the DFSA which stands for the Dubai Financial Services Authority, as well as the SCA, which stands for Securities and Commodities Authority , also supervise forex brokers in Dubai and the UAE. You are browsing the website using an unsupported browser! In Person at our HQ offices – CBUAE Compliance Unit, In writing to Compliance Unit/ CBUAE PO Box 854, Abu Dhabi, UAE. The Regulation has regulated a new activity for the first time in UAE (onshore) and it has set out the rules to issue crowdfunding licenses under the UAE Central Bank. ... (Central Bank of Dubai) 80%-ADS Securities. The Central Bank of the UAE is looking to establish a FinTech office to support innovations in the banking sector through regulations. The CBUAE requests you to be alert and always confirm the authenticity of any emails or documents you receive that purport to be from the CBUAE. If you want to notify us of incidents or provide tips or have any questions about these matters you may choose to submit this confidential message by an email to. United Arab Emirates: Mainland (Onshore): Central Bank of the UAE (CBUAE) Securities and Commodities Authority - (SCA) Insurance Authority - (IA) Free Zones: Abu Dhabi: ADGM (Abu Dhabi Global Market) - Financial Services Regulatory Authority - (FSRA) Dubai: DIFC (Dubai International Financial Center) - Dubai Financial Services Authority (DFSA) Stored Value Facilities (e-wallets, top-up cards, and gift cards, etc.) 2.9 What is the process for lifting sanctions? UAE www.hsbc.ae. Working hours. 1.1 Users shall not violate or attempt to violate the applicable procedures and regulations for protecting the Website including but not limited to the following: 1.2 Users who violate the rules of usage, or where there are reasons to believe that they have violated or breached such rules, may be stopped and /or prevented from using the Website. 6.1 The CBUAE reserves the right to make changes to the Terms and Conditions, this Website and its contents without prior notice. If you do that, we shall use such details only to process your application for obtaining information or services. It is aimed at protecting all licensed financial establishments. Central Bank of the UAE regulates commercial banks, investment banks, Islamic banks, moneychangers, financial and monetary intermediaries, financial investment companies and finance companies. The Central Bank of the UAE was established in 1980 and has since managed the issuance of the nations currency, the enforcement of monetary and fiscal policies, and the regulation of financial institutions and services such as banks, trading brokerages, and money changing services. 5.3 This Website and those in charge of the same shall follow comprehensive and strict information security policy. Branches of Foreign Banks which have obtained Central Bank's licenses to … Prior to the introduction of the Investment Management Regulations, the Central Bank regulated investment and fund management activities in the UAE and granted investment company licences to entities other than banks, pursuant to which, such activities (including the establishment of … The Government Financial Policy Coordination Council was formed by the UAE Cabinet’s decision No. As per the website the new regulation will ensure that stored value products and services are operated in a secure, sound and efficient manner in the UAE. Sunday-Thursday : 07:30-14:30. Sending unwanted electronic messages to the Website including commercials and/or advertisements on services or products, falsifying and dispatch control protocol package address/internet protocol or any part of the address details in any electronic messages or sending news messages. They issued Central Bank Circular No. Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. About: The importance of having a local presence in the Middle East pushed Forex Brokers to become licensed by the Abu Dabi Central Bank. Please notify us if the fraud involves a misuse of the CBUAE’s name or logo, or the name of any CBUAE employee, or a fake email address or emails purporting to be from the CBUAE. ABU DHABI- The Central Bank of the UAE, CBUAE, has recently issued the Stored Value Facilities, SVF, Regulation, and is in the process of issuing the Retail Payment Services Regulation, which will define the regulatory treatment on crypto-assets. With the new regulation of the UAE Central Bank, we see a move towards regulating and legalising the emergence of PSPs to provide digital payments in the emirates. The UAE Central Bank’s SVF Regulations released in early November repeals and replaces the 2016 Regulatory Framework for Stored Values and Electronic Payment Systems (SVF Regulations). The following is an incomplete list of financial regulatory authorities by country. HSBC Bank Middle East Limited. Unlike fiat currency, which is regulated by a single entity such as a central bank, cryptocurrencies are validated through a decentralized system whereby any party participating in the process can verify the transactions that take place. These fraudulent materials use the CBUAE’s name, logo and address, as well as names of our staff and management from time to time – all without CBUAE’s permission. Locally Incorporated Banks - these are public shareholding companies licensed in accordance with provisions of Union Law No. 444/2021 to this effect to all establishments on 20 January 2021. 2.5 Any unauthorized use, reproduction or printing of the information, materials and proprietary rights contained in this Website is strictly prohibited. By using this website, you approve and accept these Terms and Conditions for privacy. From a strict legal perspective, until the regulatory framework is amended or new regulations are issued to deal with virtual currencies, the regulatory framework remains valid, and technically speaking the UAE Central Bank can take action against existing and proposed businesses, (save for businesses licensed to carry out the regulated activity in ADGM) dealing in virtual currencies. Accessing details that are not intended to be provided to this user or logging into a server or an account that the user is not authorized to access. The CBB is responsible for maintaining monetary and financial stability in the Kingdom of Bahrain. The UAE Central Bank has recently issued the “Loan – Based Crowdfunding Activities Regulation” (“ Regulation ”). The Central Bank of UAE is United Arab Emirates’ primary bank that oversees a multitude of economic factors that contribute to the smooth operation of the country’s financial landscape. It is the main regulatory body in the UAE, apart from the Dubai International Financial Center which has its own regulatory body. In light of the recent UAE Central bank issuance of Stored Value Facilities (SVF) Regulation, and while in the process of issuing the Retail Payment Services Regulation, which will define the regulatory treatment on crypto-assets, The UAE Central bank has issued a clarification with regards to the legalization crypto-currencies in the UAE in reference to the latest SVF regulations. In a press release issued on November 3rd 2020, the UAE Central Bank issued a new regulation on Stored Value Facilities (SVF). CBUAE Dubai (Central Bank of Dubai) 80%-Swissquote. 5.4 Central Bank of The UAE may take the appropriate measures to protect the Website against any loss, abuse or change of information available on the Website, in which case the Central Bank shall not be liable for any damage caused to the user or any other person as a result of disclosure of confidential information shared through the Website. Central Bank of The Bahamas P.O. Whistleblowing plays a critical role in keeping our Institution honest, efficient and responsible. 5.2 The Website title shall not collect personal information about you when accessing the Website unless you choose specifically and willingly to provide such information to us. Introduction to CBUAE Regulation. This page allows you to search all Central Bank of Ireland registers for a particular financial service provider. 2.1 These Intellectual Property terms form part of the Central Bank of the UAE website general Terms and Conditions. It was created on 6th September 2006. As far as Forex brokers in the UAE are concerned, the Central Bank is responsible for regulating all business intermediating in the purchase and sale of foreign and domestic commodities, stocks, bonds, and currencies. Please share a short brief on your brand’s association with the UAE Central Bank. The new SVF Regulations substantially tighten up the existing regime and aim to ensure that all SVFs which are issued and operated in the UAE do so in a secure, sound and efficient manner. Formed by the UAE economy you may download or print information and material from this website and in... 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