UAE Central Bank and Financial Institutions Decree-Law

Article 113 — Article (113) Guarantee Deposits of Other Financial Institutions with the Central Bank

Part Three: Regulation of Licensed Financial Institutions and Activities · Chapter Three: Responsibilities of Licensed Financial Institutions

All Other Financial Institutions are obligated to maintain guarantees, in the form of cash deposits, with the Central Bank as a guarantee for fulfilling their obligations referred to in this decree-law, in accordance with the nature of their business and activities and as determined by the Board of Directors from time to time.

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