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Research and Statistics Department (RSD) at CBUAE is composed of two divisions: Research and Analysis division (RAD) and Statistics and Data Center (SDC). RAD's core activities include publishing high quality reports: the annual report and the quarterly economic review, in addition to weekly and monthly reports to Managers and the UAE leadership.
The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC), in Dubai, United Arab Emirates.
Currently five entities are jointly developing mBridge. They include the Hong Kong Monetary Authority (HKMA), the Bank of Thailand (BoT), the Central Bank of the United Arab Emirates (CBUAE), the Digital Currency Research Institute of the People's Bank of China (PBC DCI), and the BIS Innovation Hub Hong Kong Centre (BISIH Hong Kong Centre). [1]
Compliance with bank regulations is verified by personnel known as bank examiners. The objectives of bank regulation, and the emphasis, vary between jurisdictions. The most common objectives are: prudential—to reduce the level of risk to which bank creditors are exposed (i.e. to protect depositors) [7]
The DIFCA is responsible for the laws and regulations that regulate the non-financial activities within the DIFC, including employment law, companies and commercial law and real estate law. The DFSA is responsible for the laws and regulations relating to the all financial and ancillary services within the DIFC.
In March 2023, The Central Bank of the United Arab Emirates (CBUAE) announced the commencement of the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy. [65] In October 2023, the United Arab Emirates enacted Federal Law No. 54 of 2023, broadening the definition of currency to include a “National Digital Currency ...
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Khaled Mohammed Salem Balama Al Tameemi [1] is the current governor of the Central Bank of the United Arab Emirates (CBUAE). He has over 30 years of experience in the fields of banking, financial services, asset management, and investments.