Question
According to the digital finance initiative announced in
the UAE, what infrastructure was launched by the Central Bank of the UAE?Solution
The Central Bank of the United Arab Emirates (CBUAE) launched the world’s first Sovereign Financial Cloud Services Infrastructure (SFCSI). The system was developed in partnership with Core42, a subsidiary of G42. It is designed as a centralised and fully isolated cloud platform specifically for financial institutions, ensuring that sensitive financial data remains under the jurisdiction of UAE national laws and regulatory frameworks.
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