Skip to main content

Article (6): Enforcement and Sanctions

C 162/2018 Effective from 29/8/2018
  1. Violation of any provision of this Regulation and the accompanying Standards may be subject to regulatory action and sanctions as deemed appropriate by the Central Bank. These may include withdrawing, replacing or restricting the powers of Senior Management or members of the Board, providing for the interim management of the Bank, or barring individuals from the UAE banking sector.