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UAE banks, insurers face October 11 deadline to comply with new bonus and reward rules
Summary by Emirates24|7
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UAE banks, insurers face October 11 deadline to comply with new bonus and reward rules
Abu Dhabi: Banks and insurance companies operating in the UAE have until 11 October to review their existing remuneration systems, identify any gaps against the new regulatory requirements and submit detailed implementation reports to the Central Bank.The deadline forms part of Central Bank Circular No. 5 of 2026, which has already entered into force and introduces a new framework designed to align rewards with sustainable performance and actual…
·Dubai, United Arab Emirates (the)
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