CBUAE

Unnamed entity

The CBUAE fined an exchange house AED 1,050,000 for violating rules on licensed premises, using an unapproved cash-in-transit agent, and reporting.

Date

2022-12-09

Entity type

exchange

Action type

Fine

Fine (as written)

AED 1,050,000

Fine (normalised AED)

1,050,000

Personal fine

Regulations breached

Activities in licensed premises, use of Cash-in-Transit Agent, and reporting violations to CBUAE

Scraped at

2026-07-04T23:10:38.401534+00:00