11.1 Violation of any provision of this Regulation and Standards may be subject to supervisory action as deemed appropriate by the Central Bank.
11.2 Supervisory action and administrative & financial sanctions by the Central Bank may include withdrawing, replacing or restricting the powers of Senior Management or members of the Board, providing for the interim management of the Bank, imposition of fines or barring individuals from the UAE banking sector.
11.3 The Central Bank may require a Bank to terminate an Outsourcing arrangement when the arrangement is not or no longer compliant with this Regulation or where the Outsourcing presents undue risks to the soundness of the Bank, the security of Confidential Data, or to the financial system.