The Central Bank of the EAU (CBUAE) has revoked the license of dynamic insurance runners, in accordance with article 22 (2) of the Board of Directors of the Insurance Authority, Resolution No. 15 or 2013 with respect to insurance brokerage regulations.
The results of the revocation of the findings of an examination carried out by the CBUAE, that the dynamic insurance corridors did not comply with the terms and license requests is the Central Bank and with the additional stipulations stipulated.
The CBUAE, through its supervision and regulation mandates, works to ensure that all insurance companies and professions related to insurance, comply with the laws of the EAU and the regulations of CBUAE to safeguard the transparency and integrity of the insurance industry and the financial system of the EAU.
Follow Emirates 24 | 7 on Google News.
