The Foreign Exchange and Remittance Group (Ferg) has launched its new website as it pushes for advances in communication, compliance, better regulation and effective anti-money laundering (AML) initiatives.

The portal offers facts, figures, an updated event schedule of Ferg events, and bios of the organisation’s board members. A comprehensive section for media information and an FAQ page are also easily accessible.

“Ferg is constantly striving for an innovative yet stable foreign exchange and remittance industry that contributes to the economic and social wellbeing of its customers. As we push for our industry to evolve to meet the needs of the 21st century, we recognise the need for transparent communication and a clear agenda. We have entirely revamped our online presence to offer useful information to our members and their customers,” said Osama Al Rahma, Ferg chairman.

“We want to position UAE as a market leader in global exchange and remittance flows, and we want to lead the way in transparency and world class service provision. We believe our new online presence is a step in the right direction,” Al Rahma added.

The new site can be accessed at www.ferguae.org. – TradeArabia News Service