Road to regulatory compliance: 4most delivers credit risk management standards training to Deem Finance

The Central Bank of the UAE (CBUAE) released the Credit Risk Management Standards in Q4 2024 which aim to ensure financial institutions operating in the UAE effectively manage credit risk.

These standards require institutions to establish comprehensive frameworks that align with their risk appetite and capital strength while implementing rigorous standards and policies for identifying, measuring, monitoring, and mitigating credit risk.

In response, Licensed Financial Institutions (LFIs) have begun mobilizing project teams to ensure compliance with the new regulatory requirements.

One such LFI is Deem Finance, who we recently delivered a successful training session that focused on providing a deeper understanding of the regulation and supported in identifying the necessary solutions for effective implementation.

A key theme from the session was that this regulation fosters closer collaboration between risk and credit functions, ensuring both business growth and the health of the organization’s portfolio while maintaining transparency at board level.

We look forward to delivering more training in the UAE!