Anti-Money Laundering and Terrorist Financing Department at the Ministry of Commerce and Industry has issued 128 precautionary measures against companies violating provisions of law 07/10/2013.

The measures include issuing written warnings to 14 real estate companies, 9 jewelry companies, an insurance firm, and an exchange company, in addition to issuing an order requiring 49 real estate companies, 23 jewelry shops and 2 exchange companies to follow specific procedures to comply with the law.

The ministry also suspended the activity of three exchange companies that had earlier been approved, and has requested the suspension of the activity of 12 companies, one of them real estate, 7 exchange companies, and 4 jewelry companies.

 


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