Developments
Dormant Account Rules Now Cover Insurers and Exchange Houses: What That Means for You
The Central Bank of the UAE has replaced its dormant accounts rules with a broader framework that reaches past banks. The Dormant Accounts and Unclaimed Funds Regulation (C 9/2025), issued on 31 December 2025 and published on the CBUAE Rulebook, applies to all licensed financial institutions. That includes banks,