UAE banknotes. Licensed exchange houses have been given a month to comply with new guidelines to combat money laundering and the financing of terrorism. Alamy
UAE banknotes. Licensed exchange houses have been given a month to comply with new guidelines to combat money laundering and the financing of terrorism. Alamy

Business

Banking

UAE Central Bank issues guidance for licensed exchange houses to combat money laundering

The country has strict laws to prevent money laundering and the financing of terrorism

Shweta Jain
Shweta Jain

November 17, 2021