With the 31 March 2026 deadline approaching, Central Bank Notice No. 3057.2025 is raising the standard for fraud protection across the UAE banking sector.

In this episode, Joey Bajela from LexisNexis® Risk Solutions, sits down with Iyad Mourtada, ACFE Authorized Trainer, to explore why the Central Bank of the UAE introduced the mandate and what Licensed Financial Institutions now need to change.

With nearly half of citizens reportedly targeted by cybercrime, they discuss the move away from SMS and email OTP, the shift toward biometric and device-bound authentication, behavioral monitoring, liability changes, and closer scrutiny of suspicious and mule-linked accounts.

For fraud, risk and digital leaders, this episode outlines what action looks like under tightening regulatory expectations in the UAE and beyond.

DISCLAIMER: The information provided in this podcast is for informational purposes only and is not intended to and shall not be used as legal advice. The views and opinions expressed in this episode are solely those of the speaker/s and do not necessarily reflect the views or positions of LexisNexis Risk Solutions. LexisNexis Risk Solutions does not warrant that the information provided in this podcast is accurate or error-free.