![The UAE Central Bank has been clamping down on compliance failures. Photo: UAE Central Bank](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/PFDIX2QTTBDEVESCOTWLCIC7TY.jpg?smart=true&auth=99d29bd17ceea2bae6464b8616b9dc1290a799004863b7a1518c7bafc4a703f0&width=400&height=225)
The UAE Central Bank has been clamping down on compliance failures. Photo: UAE Central Bank
The UAE Central Bank has been clamping down on compliance failures. Photo: UAE Central Bank
UAE Central Bank imposes sanctions on eight lenders over compliance failures
The financial institutions failed to comply with the regulator's instructions pertaining to the debt settlement fund