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Sunday 03 March 2024


Sunday 03 March 2024

CBUAE: "FATF" Announcement of UAE Completion of the Requirements is a Testament of Concerted National Efforts to Combat Money Laundering and Terrorism Financing

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Tuesday 06 February 2024


Tuesday 06 February 2024

CBUAE revokes the licence and registration of Smart and Secure Insurance Agent

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Monday 05 February 2024


Monday 05 February 2024

CBUAE launches the fifth cohort of the Executive Certificate for Risk-Based Supervision Professionals

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Wednesday 31 January 2024


Wednesday 31 January 2024

CBUAE Maintains the Base Rate at 5.40%

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Tuesday 30 January 2024


Tuesday 30 January 2024

CBUAE imposes a financial sanction of AED 1.2 million on an insurance company operating in the UAE

Press Release

Monday 29 January 2024


Monday 29 January 2024

Mansour bin Zayed witnesses UAE Central Bank's Golden Jubilee

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Tuesday 16 January 2024


Tuesday 16 January 2024

Summary Report - Monetary Banking Developments - November 2023

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FinTech Regulatory Development

We are working tirelessly to sustain an advanced, modern, future-ready financial system across the UAE.

Common Guidance for Adopting and Enabling Technologies

The CBUAE, the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market consulted jointly on the Guidelines for Financial Institutions Adopting Enabling Technologies.

The guidelines set out principles and best practice for financial institutions when adopting enabling technologies to develop or offer new products and services.

The enabling technologies include:

  • Application Programming Interfaces

  • Big Data Analytics

  • Artificial Intelligence

  • Biometrics

  • Cloud Computing

  • Distributed Ledger Technology

The CBUAE, SCA, DFSA, and FSRA have now completed their initial consultation. The CBUAE and the participating regulators have also reviewed and consolidated the feedback provided, and are working to integrate all relevant inputs into the guidance.

Fintech

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Last updated on: Thursday 28 July 2022

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