| جدول المحتويات Table of Contents | |||
|---|---|---|---|
| Subject | الصفحة Page | الموضوع | |
| INTRODUCTION | 2 | المقدمة | |
| OBJECTIVES | 3 | الأهداف | |
CENTRAL BANK OF THE U.A.E.
| ### Introduction One of Central Bank's objectives, as mandated by the Decretal Federal Law No. 14 of 2018 Regarding the Central Bank & Organization of Licensed Financial Institutions and Activities and its amendments, is to establish Regulations for the protection of Consumers of Licensed Financial Institutions. The Central Bank has the right to establish a unit with an independent legal personality to receive and to handle Complaints from Consumers of Licensed Financial Institutions. This Regulation is issued pursuant to the powers vested in the Central Bank according to Article (121) of the aforementioned Decretal Federal Law and to Article (110) of the Federal Law No. 6/2007 concerning the Organization of Insurance Operations and its amendments. Post replacement of the Insurance Authority with the Central Bank in all competencies and legislation, pursuant to Article (2) of the Decretal Federal Law No. 24/2020 concerning Amending Certain Provis... |