June 11, 2018 / 7:49 AM / 4 months ago

UAE central bank restricts operations of 7 exchange houses

June 11 (Reuters) - The Central Bank of the United Arab Emirates said on Monday it has restricted the operations of seven exchange houses for violating anti-money laundering and other regulations.

The seven exchange houses are banned from doing business relating to remittances and payment of wages, the central Bank said in a statement.

Reporting By Stanley Carvalho; editing by John Stonestreet

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below