The UAE’s Central Bank has announced it has launched a new whistleblowing portal to allow internal and external stakeholders to anonymously raise any concerns related to misconduct or policy violations by Central Bank employees, contractors and representatives.
It will allow employees and external stakeholders, like financial institutions, vendors and the public, to voice their concerns around misconduct without fear of reprisal.
It also allows comprehensive information around a relevant concern to be shared. This will include the attachment of files and documents in support of a particular claim.
It has been introduced as part of the Bank’s implementation of its Code of Conduct.
It aims to address alleged illegal and unethical practices by taking the necessary action in a timely way.
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