The Law No (10) also augmented the functions of the Central Bank (previously assigned to the Currency Board) – Abdul Malik Yousef Al Hamar appointed Governor.

The scope of its regulatory mandate includes local banks, foreign banks operating in the UAE as well as finance companies, exchange houses, payment service providers (PSP) and non-banking financial institutions (NBFI's), including financial advisory practices.

The data are readily available on CBUAE's web site to meet the regular needs of researchers, and domestic and external stakeholders.

The mission of internal audit is to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight.

The Internal Audit Department has a key role in the corporate governance structure to assure on the management of risk and achieving objectives.

Internal audit, acts as the third line of defence, providing independent assurance on the effectiveness of governance, risk management, and internal controls, including the manner in which the first and second lines of defence achieve risk management and control objectives.