UAE, 11 June, 2025 : The Central Bank of the UAE (CBUAE) has imposed financial sanctions totaling AED 12.3 million on six exchange houses for violating anti-money laundering and counter-terrorism financing (AML/CFT) regulations. The penalties follow inspections that uncovered non-compliance with Federal Decree Law No. (20) of 2018 and its amendments. The CBUAE reaffirmed its commitment to enforcing financial laws and ensuring all exchange houses uphold transparency and the integrity of the UAE’s financial system.
Source : www.centralbank.ae
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