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2026/01/07
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Latest News:
Presidential Leadership Council's Decree Appoints Abdulrahman Sheikh al-Yafei as Minister of State, Governor ..
Vice Minister of Transport: Start Scheduling Air Flights to Socotra, Urgent Arrangements to Facilitate ..
Curfew Announced in Aden Starting Tonight from 9 PM to 6 AM
Governor al-Arada Honors Soccer Team for Promotion to First Division
Yemeni Ambassador Briefs Polish Official on Developments in Yemen
Central bank, money transfer businesses discusses compliance with rules
[04/08/2019 12:42]
ADEN-SABA
The national central bank and money exchange and transfer businesses have sat together and discussed the latter's compliance with rules.
The meeting held today in the temporary capital Aden addressed the mechanism of operation of the remittance networks especially the measures that reduce the risks of violations, e.g. refraining from interfacing with unlicensed money exchangers and currency speculators.
The Assistant Deputy Governor for Control on Banks Mansour Rajeh indicated that next year will see the installation of one computer-based network for all money exchange and transfer business in the country to prevent currency speculation and the risks of financing terrorism.
Key words:
installation - interfacing - speculators - speculation - compliance - remittance - especially - refraining - violations - exchangers -
Leadership Council Chairman's Decree Appointing Brigadier Khaled Yaslam Al-Qathmi Commander of 2nd Presidential Special Guard Brigade's Issued
Presidential Leadership Council's Decree Appoints Abdulrahman Sheikh al-Yafei as Minister of State, Governor of Aden
Vice Minister of Transport: Start Scheduling Air Flights to Socotra, Urgent Arrangements to Facilitate Travel Movement
Curfew Announced in Aden Starting Tonight from 9 PM to 6 AM
Governor al-Arada Honors Soccer Team for Promotion to First Division
Yemeni Ambassador Briefs Polish Official on Developments in Yemen
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