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UAE Central Bank fines foreign bank Dh1.82 million over customer liability letter delay
The Central Bank of the UAE (CBUAE) has imposed a Dh1.82 million financial penalty on a branch of a foreign bank operating in the country after finding that it failed to issue a customer's liability letter within the legally required timeframe.
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gulfnews.com
UAE regulator fines foreign bank branch over consumer rules
UAE Central Bank fines foreign bank branch Dh1.82 million for delaying a liability letter, highlighting strict consumer protection and transparency rules.
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thenationalnews.com
UAE Central Bank fines foreign bank Dh1.8m for regulatory breach | The National
The entity was found to have violated the regulator's market conduct and consumer protection regulations and standards
