March 18, 2020 / 12:45 PM / 23 days ago

BRIEF-Finablr Says Supervision Of UAE Exchange LLC By Central Bank Of UAE

March 18 (Reuters) - Finablr PLC:

* SUPERVISION OF UAE EXCHANGE LLC BY CENTRAL BANK OF UAE

* NOTIFICATION STATED THAT MANAGEMENT OF UAE EXCHANGE CENTRE LLC’S BUSINESSES IN UAE WILL BE CONDUCTED UNDER SUPERVISION OF CENTRAL BANK

* IS WORKING CONSTRUCTIVELY WITH CENTRAL BANK

* UNIT UNDERTAKING BASED IN UAE, UAE EXCHANGE CENTRE LLC, RECEIVED A NOTIFICATION FROM SUPERVISION DEPARTMENT OF CENTRAL BANK OF UAE

* CENTRAL BANK SAYS INSPECTION TEAM STARTED EXAMINING UAE EXCHANGE CENTRE TO VERIFY ITS COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS Source text for Eikon: Further company coverage:

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