Unified UAE Legislation Database

Federal Decree-Law No. 8 of 2020 regarding amendments to the Federal Law No. 6 of 2010 concerning Credit Information

Status

In force

Issuing Authority

President of the UAE

Effective date

XX.XX.XXXX

Official Link

https://

This Law amended Federal Law No. 6 of 2010.

 We, Khalifa Bin Zayed Al Nahyan, President of the UAE, 

- After perusal of the Constitution, and 

- Federal Law No. 1 of 1972 concerning the Ministries Powers and the Ministers' Authorities, and its amendments; and 

- Federal Law No. 6 of 2010 concerning Credit Information; and 

Federal Law No. 2 of 2015 concerning commercial companies and its amendments; and 

Federal Decree-Law No. 14 of 2018 concerning Central Bank of United Arab Emirates and regulation of financial institutions and services; and 
- Based on the recommendation of the Minister of Finance and UAE Cabinet Approval; 

We issued the following: 

 

Section 1

Article 1, Article 6, Article 9, Article 11, Article 12, Article 13, Article 14, Article 15 are replaced from Federal Law No. 6 of 2010 concerning Credit Information with the following: 

 

Article 1

State: The United Arab Emirates. 

 

Central Bank: The Central Bank of the United Arab Emirates.

 

Credit Information: The person's financial data which includes financial obligations, current and previous paym...