This Regulation applies to all Licensed Financial institutions. It is issued in accordance with Article (137) of the Central Bank Law.

This following are referred to in this Regulation:

• Decretal Federal Law No. (14) of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities dated 30 September 2018, as amended;
   
• Regulation No. 29/2011 Regarding Bank Loans & Other Services Offered to Individual Customers dated 23 February 2011;
   
• The Standards for the Regulations Regarding Licensing and Monitoring of Exchange Business, dated February 2018 (The Standards);
   
• The Central Bank Notice No. CBUAE/BSD/N/2018/759 dated 23 May 2018;
   
• The Central Bank Document Code -UAEFTS-AUX804- Version 2017-001;
   
• The Central Bank Notice No. CBUAE/BSD/N/2018/758 dated 23 May 2018;
   
• The Central Bank Document Code - U.TS-AUX700- 2018-001-01 dated November 2018;
   
• The Central Bank Notice No. CBUAE/BSD/N/2019/2900 dated 18 July 2019;
   
• The Central Bank Notice No. 157/2013 dated 11 April 2013;
   
• The Central Bank Circular No. 13/189/2013 dated 2 December 2013;
   
• The Central Bank Notice No. CBUAEESD/2018/3004 dated 15 October 2018.