United Arab Emirates: CBUAE Financial Infrastructure Transformation Programme (FIT Programme) to accelerate the digital transformation of the financial services sector
Progress
Current status
adopted
12 Feb 2023 adopted
Scope
Implementers
United Arab Emirates
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Announced Financial Transformation Programme (FIT Programme) to accelerate the digital transformation of the financial services sector
On 12 February 2023, the Central Bank of the United Arab Emirates (CBUAE) launched the Financial Infrastructure Transformation Programme (FIT Programme), aiming to accelerate the digital transformation of the financial services sector. The FIT progr…
Event type
order
Action type
adoption
Government branch
executive
Government body
central government