Our History

Launch of the world's first Open Finance regulation

CBUAE played an integral role in enhancing the UAE’s global economic standing by ensuring a robust regulatory environment and compliance framework resulting in country’s removal from the FATF grey list

His Highness Sheikh Mansour bin Zayed Al Nahyan, Chairman of the CBUAE, initiated the first cross-border Digital Dirham payment on the mBridge Minimum Viable Product (MVP) platform

AED 1000 wins Banknote of the year

CBUAE leads on sustainable finance initiatives at the COP28, including the COP28 TechSprint to promote technology innovation and the mobilisation of AED 1 trillion in sustainable finance

H.E. Khaled Mohamed Balama is appointed Governor

The Insurance Authority was merged into the Central Bank of the UAE, pursuant to Decretal Federal Law No. (25) of 2020

Decretal Federal Law No. (14) of 2018 regarding the CBUAE and Organisation of Financial Institutions and Activities was issued

Regulatory Development Division was formed

CBUAE publishes its first Financial Stability Report 

Formation of the National Anti-Money Laundering Committee 

H.E. Sultan Bin Nasser Al Suwaidi is appointed Governor

The Union Law No (10) of 1980

The Union Law No (10) of 1980 saw the establishment of the CBUAE as a public institution. The Law No (10) also strengthened the functions of the Central Bank (previously assigned to the currency board) – H.E. Abdul Malik Yousef Al Hamar appointed Governor 

The establishment of the Research and Statistics Centre