UAE Central Bank and Financial Institutions Decree-Law
Article 139 — Article (139) Accounts of Branches of Foreign Licensed Financial Institutions
Part Three: Regulation of Licensed Financial Institutions and Activities · Chapter Five: Supervision and Oversight of Licensed Financial Institutions · Section Two
1. Branches of foreign Licensed Financial Institutions shall maintain separate accounts for all their operations in the State, including the balance sheet and profit and loss account.
2. Branches and sections of Licensed Financial Institution operating in the State, shall, for the purposes of bookkeeping, constitute one financial institution.
Interpretation and application must be checked against the official text and current version.
