For the purposes of these Regulations; any term not otherwise defined in the Regulations or in the Common Reporting Standard will, unless the context otherwise requires or the UAE Competent Authority agreed to a common meaning pursuant to any treaty or competent authority agreement (as permitted by domestic law), have the meaning that it has at that time under the applicable laws of the UAE.

- State: The United Arab Emirates.
- Law: Federal Law No. (6) of 2007 on the Establishment of the Insurance Authority and Organization of its Operations and the amendments thereof.
- Executive Regulations: The Executive Regulations of the Law.
- Authority/IA: The Insurance Authority.
- Board: The Board of Directors of the IA.
- Director General: The Director General of the IA.
- Company: An insurance company established in the State, and the foreign insurance company licensed to carry out insurance activities in the State, either through a branch or an Insurance Agent; including Takaful insurance companies that carry out the insurance of persons and the formation of funds and which issues or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.
- The Agreement: The Convention on Mutual Administrative Assistance in Tax Matter entered by the UAE on 21 February 2017.

- UAE Competent Authority: The Ministry of Finance, established pursuant to Federal Law No. 1 of 1972.

- Common Reporting Standard : The standard for automatic exchange of financial account information developed by the Organisation for Economic Co-Operation and Development as amended from time to time by the Organisation for Economic Co-operation and Development, set out in Schedule 1.

- Organisation for Economic Co-Operation and Development: the Organisation for Economic Co-Operation and Development which was established by the Convention on the Organisation for Economic Co-operation and Development signed in Paris on 14th December, 1960.