UAE Central Bank and Financial Institutions Decree-Law

Article 47 — Chapter Six: Institutional Provisions and Privileges: Article (47) Establishment and Governance of Corporate Entities

Part One: The Central Bank · Chapter Six: Institutional Provisions and Privileges

The Central Bank, for the purpose of achieving its objectives and discharging its functions stipulated in this decree-law, may establish or participate in establishing commercial or financial companies or institutions, or for specific purposes, within or outside the State or in a Financial Free Zone, and may carry on any commercial activity or own movable or immovable property, in accordance with the governance controls and guidelines issued by the Board of Directors.

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