UAE Central Central Bank File Exchange Houses $ 1.12M for Anti-currency violations
the Central Bank in UAE Imposed financial penalties worth AED4.1M ($ 1.12m) in three houses to replace anti-currency (AML) (CFT-terrorism financing. Penalties, issued under the article (14) in the Federal Decree Decree Law No. (20) In 2018, follow the detailed exams in Central Bank, finding important compliance deficiencies. This includes disabilities in enforcing adequate Aml…