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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## New AI Framework for Financial Institutions
The UAE Central Bank has unveiled a new set of guidelines to ensure the responsible use of artificial intelligence (AI) in the financial sector. This initiative is part of a broader effort to protect consumers as banks increasingly adopt digital technologies.
## Key Principles and Consumer Safeguards
The new framework applies to all licensed financial institutions and outlines principles for the deployment of AI and machine learning. It emphasizes governance, fairness, transparency, and human oversight. Additionally, it addresses data management and privacy concerns, reflecting the need to protect sensitive customer information.
## Balancing Innovation with Protection
The Central Bank aims to balance technological innovation with consumer protection. The guidelines are designed to enhance governance and transparency while ensuring that human oversight and data protection remain priorities.
## Alignment with National AI Strategy
These measures align with the UAE's national AI strategy, supporting sustainable innovation and maintaining public confidence in digital banking services. The framework is intended to ensure that financial institutions adopt new technologies responsibly, upholding high standards of consumer protection and operational integrity.
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