UAE Central Bank launches new corporate website with interactive digital services

The Central Bank of the United Arab Emirates (CBUAE) has launched a new corporate website offering various interactive digital services.

The launch of the new website is part of CBUAE’s transformation initiatives and strategy to effectively communicate with consumers, partners and service users.

It provides the latest financial and monetary news, research and statistics on UAE and CBUAE regulations.

According to the state news agency, W.A.M.the design of the website complies with the latest international standards to improve the user experience through easy navigation and advanced search and filtering functionalities and to ensure interactive communications.

The website contains sections dedicated to the Museum of Coins and Banknotes, the Cybersecurity Center of Excellence to develop a secure infrastructure of the UAE financial sector, and the Consumer Education Center to promote financial awareness.

In addition, it offers various digital services, such as buying commemorative coins and booking museum visits, as well as other interactive platforms.

Also, in February, Accenture was selected by the CBUAE to lead a consortium of companies to help execute its National Payments Systems Strategy (NPSS). Together with SIA, now part of the Nexi Group, and G42, Accenture will build and operate the national Instant Payments (IPP) platform over the next five years.

Read: CBUAE selects Accenture to develop UAE national instant payment platform

In August, the CBUAE issued new Anti-Money Laundering and Counter Terrorist Financing (AML/CFT) Guidelines for Licensed Financial Institutions (LFIs) on payment risks and preventive measures that LFIs should apply to mitigate these risks. risks.

The guidelines, which came into force on August 1, will enable DFIs to better understand the risks and effectively implement their legal AML/CFT obligations and take into account the standards of the Financial Action Task Force.

Read: UAE Central Bank issues new anti-money laundering guidelines

Daniel L. Vasquez