The Central Bank of the UAE (CBUAE) announced the appointment of Vermeg as the lead technology partner of a consortium supporting the establishment of a Central Securities Depository (CSD) for national debt and sukuk, as part of its strategy to strengthen the infrastructure of the UAE’s capital markets. The initiative is intended to improve the efficiency of post-trade operations and develop an integrated operating environment for liquidity management and settlement across digital and traditional custody activities, aligned with international standards. The CBUAE also positioned the project as supporting investment attraction and preparing the market for future developments, including digital assets and financial innovation.
Central Bank of the UAE 2026-04-13
Central Bank of the UAE appoints Vermeg to lead technology consortium for a central securities depository for national debt and sukuk
The Central Bank of the UAE has appointed Vermeg as lead technology partner for a consortium to establish a Central Securities Depository for national debt and sukuk, as part of its capital markets infrastructure strategy. The project aims to enhance post-trade efficiency, integrate liquidity management and settlement across digital and traditional custody, and align with international standards while supporting investment attraction and future digital asset developments.