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16.32 Uploading of Remittance Data and Responding to Central Bank Queries

C 33/2018 STA
16.32.1The Licensed Person must upload remittance data to the Central Bank Remittances Reporting System on a daily basis or at the latest by the end of the next business day.
 
16.32.2The Licensed Person must also introduce appropriate procedures, systems and tools to enable immediate responses to the enquiries received from the Central Bank, the FIU (example: Search or Freeze notices) and other competent authorities in the UAE.