Exchange house in UAE fined Dhs504,000 by Central Bank

Exchange house in UAE fined Dhs504,000 by Central Bank
0 Comments
Get daily business news from the region delivered straight to your inbox
I agree to the terms and conditions
SIGN UP
The exchange house reportedly has a weak anti-money laundering and combating financing of terrorism compliance framework
by Gulf Business
February 11, 2021
The Central Bank of the UAE (CBUAE) said on Wednesday that it had fined an exchange house operating in the country Dhs504,000.
The exchange house reportedly has a weak anti-money laundering and combating financing of terrorism compliance framework.
The CBUAE also took into consideration the exchange house’s poor compliance history when imposing the fine.

Related Keywords

Abu Dhabi ,Abuz Aby ,United Arab Emirates , ,Central Bank ,Matrix International Financial Services ,Prism Group ,Federal Decree Law ,Anti Money Laundering ,Illegal Organisations ,Express Money ,Royal Strategic Partners ,தபி ,ஒன்றுபட்டது அரபு அமீரகங்கள் ,மைய வங்கி ,அணி சர்வதேச நிதி சேவைகள் ,ப்ரிஸம் குழு ,கூட்டாட்சியின் ஆணை சட்டம் ,எதிர்ப்பு பணம் சலவை ,சட்டவிரோதமானது ஆர்கநைஸேஶந்ஸ் ,க்ஸ்ப்ரெஸ் பணம் ,அரச மூலோபாய கூட்டாளர்கள் ,