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Thursday 13 June 2024


Thursday 13 June 2024

The CBUAE issues its 2023 Annual Report

Press Release

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Operational Risk Policy Statement

The Central Bank of the UAE follows international best practice measures, standards and practices to achieve its objectives of maintaining a robust banking sector and a stable UAE financial system.

In pursuing these objectives, the CBUAE has strengthened its risk management practices through the establishment of a framework of k that adopts effective risk management policies, procedures, systems and organisational structures.

The effective management of operational risk is a foundation block of the CBUAE risk management framework. This is vital in an era where higher reliance on complex technology and automated solutions and interdependency between parties makeis seeing operational risk become an increasingly important global issue.

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Last updated on: Thursday 28 July 2022

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