UAE: Three money exchange houses fined Dh4.1 million for violating law
The financial sanction has been imposed after investigations uncovered failure to comply with AML/CFT policies and procedures The Central Bank of the UAE (CBUAE) has imposed a financial penalty of Dh4.1 million on three money exchange houses operating in the country for failing to comply with anti-money laundering and counter-terrorism financing (AML/CFT) regulations. The fine […]
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