CBUAE

AcronymDefinition
CBUAECentral Bank of the United Arab Emirates
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Al Suwaidi described the CDs, launched in November, as 'very successful' and noted that by the end of Q1 2011, the CBUAE had sold CDs to the value of AED 12 billion ($3.
Nor do they reflect any change in overall strategy regarding the country's huge total stock of foreign assets, the bulk of which are managed not by the CBUAE but by the Abu Dhabi Investment Authority (ADIA).
The AMLSCU is a special unit of the CBUAE established for investigating fraud and suspicious transactions in the UAE.
The CBUAE stipulates that, "The main responsibility of the Central Bank is formulation and implementation of banking, credit and monetary policies, to ensure the growth of the national economy of the UAE in a balanced manner.
However, we asked for an indemnity bond or an application in a printed form in other cases, in line with CBUAE guidelines, only to confirm that they had received the cheque before the rule was enforced on March 31, 2010," the banker said.
The MoU was signed by Mr Paul Koster, Chief Executive of the DFSA, and Mr Abdulrahim Mohamed Al Awadi, Assistant Executive Director of the CBUAE and Head of the AMLSCU.
As per the MoU, CBUAE becomes the lead regulator for Real-time Automated Payments in DIFC (CyRapidCO).
Net exposure is defined as any funded and unfunded exposures, less any provisions, cash collateral, deposits under lien, and securities acceptable to the CBUAE.
Afaq Khan should know what he is talking about; Standard Chartered Saadiq is one of the banks on the liquidity management committee established by the CBUAE earlier this year.
His Excellency Sultan Bin Nasser Al-Suwaidi, Governor of the CBUAE added: C[pounds sterling]As a pioneering system that will greatly benefit those doing business, RAPID looks set to revolutionise payment methods at the regionCOs leading financial centre.
Here it is encouraging to note the reports in September of comments by HE Al Ghurair, that new limits on bank lending to GREs would be announced within the next two months by the CBUAE.
His Excellency Sultan Bin Nasser Al-Suwaidi, Governor of the CBUAE added: "As a pioneering system that will greatly benefit those doing business, RAPID looks set to revolutionise payment methods at the region's leading financial centre.