Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.A.E. Central Bank Seeks Amendments to Draft Financial Laws

April 14 (Bloomberg) -- The board of directors of the United Arab Emirates’ central bank called for “major amendments” to be made to draft financial laws in the Gulf country, according to an e-mailed statement from the lender.

The laws “should reflect the independence of the central bank,” the bank said today, without providing details of any suggested amendments.

One of the draft laws is Law No-10 of 1980 for the central bank, the monetary system and organization of banking, while another pertains to the organization of financial services, according to the statement.

To contact the reporter on this story: Glen Carey in Riyadh at

To contact the editor responsible for this story: Andrew J. Barden at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.