UAE Central Bank fines foreign bank Dh1.82 million over customer liability letter delay
- The regulator said the penalty followed supervisory examinations that revealed the bank branch breached the UAE's Market Conduct and Consumer Protection Regulations and Standards by failing to provide the document within seven calendar days.
Unverified
- The regulator said the penalty followed supervisory examinations that revealed the bank branch breached the UAE's Market Conduct and Consumer Protection Regulations and Standards by failing to provide the document within seven calendar days.
Sources: Times of India