Listed Auditors In Central Bank Of Dubai

Listed Auditors In Central Bank Of Dubai, Abu Dhabi, UAE | ARC Associates.

The Central Bank of the United Arab Emirates is the state institution and apex authority responsible for managing and regulating the currency, monetary policy and banking regulation in the United Arab Emirates.

The main responsibility of the Central Bank is formulation and implementation of banking, credit and monetary policies in order  to ensure the growth of the national economy of the UAE in a fair manner.

The central bank regulates the functioning of all money exchanges, banking and financial institutions functioning within the UAE.

Article 103 of the Central Bank UAE regulations requires the accounts of all the bodies coming under the authority of the Central Bank to be audited by an Auditor approved and recognized by the Central Bank.

Central Bank follows strict norms and procedures to admit an Auditor or Audit firm in its recognized list of Auditors.

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