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Article (3):

CBUAE-BOD 59/4/2019 Effective from 13/7/2019

The Central Bank shall supervise and examine, periodically or unexpectedly, without prior notice to the Financial Institution, to verify the Financial Institution’s compliance with the Decree Federal Law, the Executive Regulation, relevant instructions, guidelines and notices issued by the Central Bank and shall identify any violations resulting from the examination.

The Central Bank shall request all information and documents it deems necessary for the purpose of supervision and verification from the Financial Institution or its employees.