RBF warns against unlicensed foreign exchange dealers
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Official statement
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- Fiji’s Reserve Bank warned that operating a foreign currency exchange business without a licence is a criminal offence.
- The bank said it had received information that some retailers, hotels and individuals were conducting foreign exchange transactions without the required licence.
The Reserve Bank of Fiji has warned that anyone operating a foreign currency exchange business without a licence is committing a criminal offence.
The RBF said it had received information that some retail businesses, hotels and members of the public were engaging in foreign exchange activities without the required licence.
About this summary
Originally published by FBC News. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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