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Latest News:
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Latest News:
Foreign Minister Discusses Houthi Threats to International Shipping with UN Envoy
Yemen's Parliament Condemns Houthi Terrorist Attacks on International Shipping in Red Sea
Foreign Minister Praises Norwegian Support for Humanitarian Actions in Yemen
Ministry of Health Discusses with UNFPA Joint Cooperation
Prime Minister Reaffirms Sustainable Partnership with Donors
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 -
Two Decrees Appoint Advisors to the Chairman of the Presidential Leadership Council, Supreme Commander of Armed Forces Issued
Foreign Minister Discusses Houthi Threats to International Shipping with UN Envoy
Yemen's Parliament Condemns Houthi Terrorist Attacks on International Shipping in Red Sea
Foreign Minister Praises Norwegian Support for Humanitarian Actions in Yemen
Ministry of Health Discusses with UNFPA Joint Cooperation
Prime Minister Reaffirms Sustainable Partnership with Donors
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