The Central Bank of the United Arab Emirates (CBUAE) has announced that it has issued sandbox conditions in the financial services sector.
Publish dateWednesday 26 June 2024 - 09:55
According to the Central Bank of the United Arab Emirates, these regulations strengthen the competitiveness of the financial sector and support the economic growth of the United Arab Emirates.
The regulation specifies specific conditions to be met by participants, including start-ups, fintechs and established businesses seeking to provide innovative solutions and services in the financial services sector within the regulatory and regulatory framework.
These conditions allow the CBUAE to actively and effectively assess and respond to these innovations as part of its regulatory activities, and enable participants to understand how they can support their respective businesses. Structure themselves in a regulatory manner.
amacnews.com/vdcfivdcaw6dv.7rw.html
Source : news agency wam
Latest News
Most viewed
