UAE Central Bank Revokes Sundus Exchange License Over Major AML Breaches
The Central Bank of the UAE (CBUAE) has revoked the license of Sundus Exchange, an exchange house operating within the UAE, and has removed its name from the register of licensed entities. In addition, a financial penalty of AED 10 million has been imposed in accordance with Article (14) of Federal Decree Law No. (20) […]
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