Thursday 25 April 2024
Thursday 25 April 2024
The CBUAE enhances SupTech initiative as part of its Financial Infrastructure Transformation Programme
Press Release
Tuesday 23 April 2024
Tuesday 23 April 2024
Al Etihad Payments launches Open Finance to strengthen the financial services sector in the UAE
Press Release
Monday 22 April 2024
Monday 22 April 2024
The Central Bank: banks & finance companies may defer personal and car loans installments for six months to overcome the repercussions of the weather condition
Press Release
Operational Risk Policy Statement
The Central Bank of the UAE follows international best practice measures, standards and practices to achieve its objectives of maintaining a robust banking sector and a stable UAE financial system.
In pursuing these objectives, the CBUAE has strengthened its risk management practices through the establishment of a framework of k that adopts effective risk management policies, procedures, systems and organisational structures.
The effective management of operational risk is a foundation block of the CBUAE risk management framework. This is vital in an era where higher reliance on complex technology and automated solutions and interdependency between parties makeis seeing operational risk become an increasingly important global issue.
Rate this page
Rated by
PeopleThanks for rating
Last updated on: Thursday 28 July 2022
Total visitors 3166
Rate this page
Rated by 1 People
Thanks for rating