"Executives within the currency exchange industry and officials at the Central Bank are keen to bolster standards in the UAE to avoid the risk of a repeat of recent "major regulatory violations" and help restore customer faith in the sector.
In the case of one firm found to be in violation, Mark Denis D'souza first knew something was wrong when his staff contacted him to tell him they hadn't been paid their wages.
His investigation soon found the source of the problem lay with the currency exchange house his firm, Fortuna Engineering, used to distribute the wages.
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'via Blog this'
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