The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding with the UAE Internal Auditors Association (UAE IAA) to deepen cooperation aimed at raising the level of financial oversight in the UAE, including through the adoption of international internal auditing standards and the modernisation of corporate governance frameworks. The MoU provides for joint initiatives to develop oversight systems, exchange expertise and information, and organise joint events to promote a culture of internal oversight across companies and institutions. It also includes specialised programmes to enhance skills and accelerate the Emiratization of the internal audit profession within financial institutions. The agreement was signed by H.E. Ibraheem Al Sayed Mohamed Al Hashemi for the CBUAE and H.E. Abdulqader Obaid Ali for the UAE IAA.
Central Bank of the UAE 2026-02-19
Central Bank of the UAE signs MoU with the UAE Internal Auditors Association to strengthen financial supervision and corporate governance
The Central Bank of the UAE signed a Memorandum of Understanding with the UAE Internal Auditors Association to enhance financial oversight through international auditing standards and modernized governance frameworks. The agreement includes joint initiatives for developing oversight systems, exchanging expertise, and promoting internal oversight culture. It also aims to enhance skills and accelerate Emiratization in the internal audit profession.