October 3rd, 2023 Legal Updates

Risk Management and Internal Control Standards for Insurance Companies in the UAE

The Central Bank of the UAE has recently enacted regulations on Risk Management and Internal Control Standards which are applicable on insurance companies, including foreign insurers licensed in the UAE. Our team sheds light on these regulations which aim at providing a comprehensive framework for risk management and internal control that insurers in the UAE are required to comply with by clicking this link.

Authors: Maha El Meihy, Legal Director, and Salma Farouq, Associate.

For further information, please contact Alex Saleh (alex.saleh@glaco.com) and Yousef Al Amly (y.alamly@glaco.com).



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