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The Central Bank of the United Arab Emirates (CBUAE) has launched a new corporate website offering a variety of interactive digital services.
The launch of the new website is part of CBUAE’s transformation plan and strategy to communicate effectively with consumers, partners and service users.
It provides the latest financial and currency news, research and statistics on UAE and CBUAE regulations.
According to the state news agency, WAMthe website design conforms to the latest international standards, enhances the user experience with simple navigation and advanced search and filtering functions, and ensures interactive communication.
The website contains dedicated sections related to the Coin and Banknote Museum, the Cyber Security Centre of Excellence to develop a secure UAE financial sector infrastructure, and the Consumer Education Centre to raise financial awareness.
In addition, it offers various digital services such as commemorative coin purchases, museum visit reservations, etc., as well as other interactive platforms.
In other news, in February, Accenture was selected by the CBUAE to lead a consortium of companies to help execute its National Payments System Strategy (NPSS). Accenture will partner with SIA and G42, now part of the Nexi Group, to build and operate the National Instant Payments Platform (IPP) over the next five years.
read: CBUAE selects Accenture to develop UAE’s national instant payment platform
In August, the CBUAE issued new guidance on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Licensed Financial Institutions (LFIs) on payment-related risks and precautions LFIs should take to mitigate this. risk-like risk.
The guidance, which takes effect on 1 August, will further enhance LFIs’ understanding of risk and the effective implementation of their statutory AML/CFT obligations, taking into account Financial Action Task Force standards.
read: UAE Central Bank issues new anti-money laundering guidelines
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