OBJECTIVE
C 13/2021 Effective from 14/2/2021The objective of this Regulation is to provide a regulatory framework in which Specialized Banks can operate and develop within the overall UAE financial sector in a robust and prudent manner. The framework in this Regulation is aimed at:
- Protecting the depositors of Specialized Banks;
- Protecting Specialized Bank consumers; and
- Maintaining the overall stability of the financial sector.