Yemen · Story · Regulation
Yemen Central Bank suspends licenses of forex firms
The Central Bank of Yemen has suspended licenses for 15 forex firms in two separate actions, aiming to regulate the financial sector and curb illegal activities.
Running story — the local press covered it again on 1 November 2026.
The story so far as of 1 November 2026
On 29 October, the Central Bank of Yemen suspended the licenses of five currency exchange companies and closed their offices, citing efforts to regulate the financial sector. On 1 November, the bank suspended licenses for an additional ten firms, following a report documenting violations. This decision, part of decision number 21 of 2026, aimed to address regulatory issues within the currency exchange market.
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Coverage, day by day
- Regulation
Central Bank of Yemen halts 10 forex firm licenses
Impact Currency exchange operators in Yemen face increased regulatory scrutiny, affecting their operations and market presence.
Sources: Mareb Press ↗, Aden Al-Ghad ↗
- Regulation
Central Bank of Yemen halts licenses of 5 forex firms
Impact Currency traders face increased operational hurdles as five firms lose licenses.
Sources: hshd.net ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.