UAE Enacts New Central Bank Law Replacing 2018 Regulation
The new CBUAE Law strengthens financial oversight and aligns with global standards.
The United Arab Emirates has enacted a new law governing the Central Bank, repealing and replacing the previous 2018 regulation.
The updated CBUAE Law enhances the bank’s supervisory powers, reinforces financial stability mechanisms, and supports innovation in the rapidly evolving financial sector.
Officials say the legislation reflects the UAE’s commitment to maintaining a robust and globally competitive regulatory framework.