Regulatory Sandboxes: How UAE Insurance Brokers Can Innovate Within CBUAE Guidelines
Balancing innovation with strict regulations can be challenging in the UAE’s insurance industry. However, “regulatory sandboxes” introduced by the Central Bank of the UAE (CBUAE) offer a middle ground, letting brokers experiment with new ideas while still protecting consumers and the market at large. These specialized environments encourage creative problem-solving under close regulatory supervision, so …
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